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UK greenlights News Corp. buyout of Sky

Jane Wardell Yahoo! Finance 03/03/2011
News Corporation Withdraws Bid For BSkyB

News Corporation has withdrawn its bid for BSkyB after deciding it could not continue in the wake of the phone hacking scandal.

UK greenlights News Corp. buyout of Sky

Rupert Murdoch's global media empire is poised to grow ever bigger after the British government approved plans by News Corp. to buy full control of satellite TV operator British Sky Broadcasting Group PLC.

 
Rupert Murdoch fights to take the 'sky' out of 'Skype'

BSkyB is trying to prevent Skype, the internet phone company, from continuing to use its name because the first three letters spell "sky".