Parties pile pressure on BSkyB bid
Labour leader Ed Miliband has called on Rupert Murdoch to recognise the "will of all the major parties" after the Tories and Liberal Democrats indicated they would back a motion calling for his BSkyB takeover bid to be abandoned.
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#1 Jul 12, 2011
The BSkyB takeover bid is pretty much dead. Thanks to Murdochgate, Newscorp is having to buy back billions of its stock to stabilize the losses they've endured over the last few days as more scrutiny is given to their News operations. Bribing police & hacking victims phones are just the beginning as more scrutiny is given to their questionable journalistic enterprises.
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