Wednesday, December 19, 2012

BAE says earnings could be hit by Saudi Arabia deal

LOS ANGELES (TheWrap.com) - The publisher of "Life & Style" and "In Touch," which is being sued by Tom Cruise for printing that the "Jack Reacher" star had abandoned his daughter Suri following his divorce from Katie Holmes, has fired back at the actor's suit. In an answer to Cruise's defamation lawsuit, filed in October, Bauer Publishing Co. says that its reporting is "substantially true." Bauer's answer, filed Friday in U.S. District Court in California, also asserts a number of defenses, including that it's protected by the First, Fifth and 14th amendments of the U.S. ...

Source: http://news.yahoo.com/bae-says-earnings-could-hit-saudi-arabia-deal-141317842--finance.html

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