News Corp Drops BSkyB Bid

Rupert Murdoch’s empire won’t be expanding anytime soon: News Corp has announced it will abandon its bid to take full control of British Sky Broadcasting. President and COO Chase Carey cited the current “climate” as the reason for the scuttled deal. The Wall Street Journal has his statement. “We believed…

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News Corp Drops BSkyB Bid

Posted by on July 13, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.