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Murdoch Loses Newsday Bid

"News Corporation, the global media conglomerate controlled by Rupert Murdoch, is withdrawing its bid to purchase Newsday. The withdrawal of the bid was first reported on the Web site of The Wall Street Journal, which is owned by the News Corporation.The bid withdrawal appears to be a reversal from Wednesday, when in the News Corporation’s earnings conference call Mr. Murdoch voiced skepticism that Cablevision could succeed in its bid for Newsday, even as he vowed not to get into a bidding war for the newspaper, which was at the center of a tussle among three New York moguls." More »

2:43 PM on Sat May 10 2008
By ian spiegelman
653 views, 29 comments

Latest by Saxon 212: She turned away from him gagging a little,"Oh Poochie I'm just not in the mood now darling"."But Wendi I'm on more »