News Corp withdraws bid for BSkyB

<p>Rupert Murdoch's News Corporation withdrew its BSkyB takeover bid today as David Cameron announced details of the independent inquiry into phone hacking.<br /><br />The media company announced it was pulling out of its proposed buy-out of the satellite broadcaster after the Prime Minister joined calls last night for it to drop the plans.</p><p> </p>

News Corp withdraws bid for BSkyB

Rupert Murdoch's News Corporation withdrew its BSkyB takeover bid today as David Cameron announced details of the independent inquiry in...

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