The mega deal is off, according to Rupert Murdoch who said Time Warner 'refused to engage' over 21st Century Fox's $80bn bid. The move that would have created a media behemoth and was widely seen
as the crowning deal of Murdoch's career. The announcement came last night ahead of Fox and Time Warner delivering financial results today -- announcements that would have left to considerable
questioning over the proposed merger.
Read the whole story at The Guardian »