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Rupert Murdoch Resigns From Boards
Monday, July 23, 2012 - 1:07pm | 387News Corp. (NASDAQ: NWSA) Chairman and Chief Executive Officer Rupert Murdoch has resigned as a director of a number of newspapers his company controls. The directorships which he has given up include News International, the U.K. division that publishes the Times and the Sun. He also stepped down...
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Who Do You Believe in the Comcast vs. New York Times Debacle?
Monday, June 11, 2012 - 9:11am | 308Comcast said that a New York Times report that it might purchase BSkyB is "complete rubbish." But is that actually the case? Noting the troubles that News Corp. (NASDAQ: NWSA) has endured following the company's phone-hacking scandal, the New York Times said that the Rupert Murdoch enterprise may...
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News Corporation in Hot Water over Hacking of Murdered Teen's Phone
Wednesday, July 6, 2011 - 8:02am | 456Rupert Murdoch's News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) is at the center of a scandal that has engulfed the United Kingdom and threatens to derail the company's attempt to acquire British Sky Broadcasting Group, also known as BSkyB. News Corporation is under fire because of allegations that...
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BSkyB Turns Down $11.5 Billion News Corp. (NWS) Buyout
Tuesday, June 15, 2010 - 8:38am | 165News Corporation (NASDAQ: NWS) announced on Tuesday that its 7.8 billion pound ($11.5 billion) bid to buy the remaining 61% of British Sky Broadcasting (BSkyB) that it doesn't already own was rejected by the British broadcaster and satellite television provider. British Sky Broadcasting said that...
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Virgin Media May Sell Virgin Television (VMED, VMTV)
Thursday, May 27, 2010 - 6:01pm | 148Virgin Media (NASDAQ: VMED) is said to be in the middle of talks to dispose of Virgin Media Television to BSkyB, although neither company has confirmed the rumors. According to a report released by JPMorgan Chase (NYSE: JPM), Virgin Media (VMED) had earlier indicated that VMTV constituted a non-...