Monday, May 12, 2008

News Corp withdraws bid for Newsday newspaper

(NEW YORK) News Corp, the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp spokeswoman said on Saturday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,278777,00.html?

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