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BREAKING NEWS / URGENT: The State Supreme Court upholds Act 10, Voter ID, and the state's domestic partnership registry

MADISON, Wis (WSAU)  - The Wisconsin State Supreme Court upheld Act 10, the state law that limits the collective bargaining rights of state employees. The law from three years ago sparked protests at the state capital and led to the recall attempt against Governor Scott Walker. The court's ruling in favor of Act 10 was 5-2. Justice Michael Gableman wrote the lead opinion, which was also signed by Justices David Prosser, Pat Roggensack and Annette Ziegler. Justice Patrick Crooks concurre...

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Soccer: Indonesians pay 75 million euros, take on debt for Inter stake

Inter Milan's new chairman Erick Thohir (L) smiles beside honorary chairman Massimo Moratti during a news conference in Milan November 15, 2
Inter Milan's new chairman Erick Thohir (L) smiles beside honorary chairman Massimo Moratti during a news conference in Milan November 15, 2

MILAN (Reuters) - Indonesian investors paid 75 million euros ($101 million) and took on all of Inter Milan's 180 million euros debt in exchange for a 70 percent stake in the Serie A soccer club, former owner Massimo Moratti said on Friday.

The International Sports Capital consortium, owned by business tycoon Erick Thohir and his two Indonesian partners Rosan Roeslani and Handy Soetedjo, carried out a 10 million euro capital increase to take over the club.

Another 65 million euros was paid as a premium on the shares bought to reach a 70 percent stake, a source close to the club said.

The deal values the club at around 350 million euros, the source said.

($1 = 0.7430 euros)

(Reporting by Stephen Jewkes; Writing by Agnieszka Flak)

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