Valassis Wins $300 Mil. in Case vs. News Corp Unit

NEW YORK A Michigan trial court jury today awarded Valassis, a major player in the inserts and coupon business, $300 million in its lawsuit against competitor News America Marketing, a unit of News Corp.

News America said it would appeal.

The trial was held in Wayne County Circuit Court before Judge Michael F. Sapala.

Valassis claimed unfair competition and tortious interference by News America. The jury’s verdict found News America liable on both counts.
 
“We are pleased with the jury’s verdict,” said Valassis CEO Alan Schultz.

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