News Corporation has offered to ‘spin-off’ Sky News as an independent public limited company. 60.9 percent of shares in the new company, NewsCo, will be offered to the existing shareholders of BSkyB – News Corp, which currently owns 39.1 percent of BSkyB, would retain the… Read more

News Corporation has offered to sell Sky News and subsidise the channel in order to buy BSkyB – according to BBC’s Robert Peston. Rupert Murdoch’s News Corp wants to buy the 61% of the company it doesn’t already own The European Commission has already ruled… Read more

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