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Rupert Murdoch gives up BSkyB takeover bid

added by Colorado Lawyer in Media & Communications Law Lawyer @ Jul 15, 2011 06:42

Rupert Murdoch gives up BSkyB takeover bid. After the biggest single reverse of his career, the News Corp chief faces an appearance before a judicial inquiry and a fight for the right to broadcast in the UK Rupert Murdoch has capitulated to parliament and abandoned News Corporation's £8bn bid for BSkyB, as he faced the prospect of appearing in front of a judicial public inquiry to salvage his personal reputation and the right for his ...

Source: Rupert Murdoch gives up BSkyB takeover bid

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