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News corp have withdrawn bid for BSkyB

July 13, 2011
Rupert Murdoch, Chairman and Chief Executive O...

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Breaking news – Rupert Murdoch has announced that News Corporation will not be bidding to take over BSkyB!

This news comes as all political parties were planning to support a motion by Labour leader Ed miliband to stop or postpone to bid admist the phone hacking scandel, which have clearly been to much for Rupert Mudoch who has made this terribly painful decision as this would have been the biggest investment News Corp’ would have ever made.

All in all this is a relief to many people who are simply glad that Murdoch is not in charge of another thing! Theres only so much control he can have and I for one am glad that the politicians and police are putting a stop to him getting his way with everything, lets see how long it lasts…

http://www.bbc.co.uk/news/business-14142307 

For a live feed of the action click this link – http://www.bbc.co.uk/news/uk-politics-14134599

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