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Murdoch Bid For Time Warner Confirmed

Media commentators are speculating that Rupert Murdoch is seeking to shake off the court dramas of hacking and investigations in to bribery of officials with a final power play to seal the biggest deal of his career - a take over of Time Warner. The company has now confirmed Murcdoch's 21st Century Fox has made an offer. The move is being seen as a way of wrestling back control for a content giant in an age where power has shifted to cable and internet distributors.




Read the whole story at The Guardian »

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