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Murdoch's Sky Bid Referred To Ofcom

Rupert Murdoch’s GBP11.7bn takeover bid for Sky is to be investigated by the media regulator to see if it gives the mogul too much control of news output in the UK and whether the Murdoch family are “fit and proper” owners following the phone-hacking scandal. The culture secretary, Karen Bradley, has referred 21st Century Fox’s bid to buy the 61% of Sky it does not already own to Ofcom.

Read the whole story at The Guardian »

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