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MURDOCH WITHDRAWS BSKYB BID

July 13, 2011 by · Leave a Comment 

As the leaders of all three major political parties appeared to join forces in opposition to Rupert Murdoch’s bid to acquire complete ownership of BSkyB, Britain’s largest commercial broadcaster, Murdoch’s News Corporation today (Wednesday) suddenly withdrew its bid. In a statement, News Corp President and COO Chase Carey said, “We believed that the proposed acquisition […]