Sheldon Adelson expands Israeli media empire, buys Makor Rishon and NRG
If Antitrust Authority signs off on 17-million shekel deal, right-wing casino magnate, owner of Israel Hayom, will have local media empire.
The Jerusalem District Court on Sunday approved right-wing multi-billionaire Sheldon Adelson's purchase of Makor Rishon newspaper and news website NRG for 17 million shekels ($4.86 million). As Adelson also owns Israel Hayom, the country's most widely-distributed newspaper, the sale is subject to final approval by the Antitrust Authority.
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