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News Corp withdraws BSkyB bid.

  • 14-07-2011 10:28am
    #1
    Closed Accounts Posts: 20,759 ✭✭✭✭


    Rupert Murdoch's News Corporation has announced that it is dropping its planned bid to take full ownership of BSkyB.

    The announcement came as the House of Commons was preparing to vote for a motion calling on Mr Murdoch to do so.

    All three major party leaders had said they supported the motion, which would not be legally binding on News Corp.

    http://www.bbc.co.uk/news/business-14142307

    Delighted to see this happen. Murdoch's control over global media is lunacy. Their stocks appear to have plummeted also.
    Failed to load the poll.


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