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Murdoch drops bid for British Sky Broadcasting

added by Georgia Lawyer in Media & Communications Law Lawyer @ Jul 13, 2011 17:00

Murdoch drops bid for British Sky Broadcasting. In a stunning retreat, Rupert Murdoch's News Corp. dropped its bid Wednesday to take full control of British Sky Broadcasting during what the prime minister called a political and media "firestorm" over phone hacking at one of the media baron's U.K. newspapers.

Source: Murdoch drops bid for British Sky Broadcasting

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