Goodbye and good riddance!

Capodecina
Soldato
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30 Jul 2006
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12,130
Rupert Murdoch's News Corporation has announced that it is dropping its planned bid to take full ownership of BSkyB.
...
"We believed that the proposed acquisition of BSkyB by News Corporation would benefit both companies, but it has become clear that it is too difficult to progress in this climate," said News Corp chairman Chase Carey in a statement. "News Corporation remains a committed long-term shareholder in BSkyB." (BBC online)
Keep on running you evil scumbag :D
 
Stockhausen, you are naive beyond belief, as I said in the other thread, watch the BSkyB price fall and the News Corporation come back in at a later date and buy it on the cheap.

As it stands, Murdoch has closed a loss making paper, streamlined his UK based printed news operations and will save money in the long run.
 
I think Ofcom should still determine whether or not Murdoch's News Corporation empire is a "fit and proper" entity to own media outlets in the UK. If not News Corp should be forced to sell parts of their shareholdings in BSkyB and also The Times and Sunday Times. It's payback time.
 
Stockhausen, you are naive beyond belief, as I said in the other thread, watch the BSkyB price fall and the News Corporation come back in at a later date and buy it on the cheap.

Under this country's takeover rules, News Corp can't make another bid for 6 months.
 
I think Ofcom should still determine whether or not Murdoch's News Corporation empire is a "fit and proper" entity to own media outlets in the UK. If not News Corp should be forced to sell parts of their shareholdings in BSkyB and also The Times and Sunday Times. It's payback time.
I entirely agree.

However, I suspect that as soon as the fuss has died down, our fearless leader will be back on his knees before the Dirty Digger, begging for forgiveness for his inexplicable, momentary lapse in obedience. The only reassurance is that it seems that the various investigations will proceed and hopefully will drag on for years to come. With any luck he wont be back for a very long time.

Meanwhile, we can only hope that Coulson, Brooks / Wade and various other unsavoury characters will be spending some considerable time in her Majesty's Prisons.

As I have suggested elsewhere, it would be a nice idea if those who have the good sense to see the Dirty Digger for the malevolent influence he is, were to buy a few shares in BSkyB and turn up at AGMs to protest at his continuing involvement until he gets right out of the UK.

As to the Times, Sunday Times, Sun and the Sun on Sunday, the sensible thing to do is just not to buy them.
 
Stockhausen, you are naive beyond belief, as I said in the other thread, watch the BSkyB price fall and the News Corporation come back in at a later date and buy it on the cheap.

As it stands, Murdoch has closed a loss making paper, streamlined his UK based printed news operations and will save money in the long run.
 
If not News Corp should be forced to sell parts of their shareholdings in BSkyB and also The Times and Sunday Times. It's payback time.

who to?

And if no one is willing to pay the fair price (doubt you could force them to accept well below market valuation) what then?

Just close them down and fire everyone working for them?

And what about the printers who will suffer closures and jobless too because of the loss of their big customers?

Or are you suggesting the government should pay the huge market price for them then dump them on the open market for a huge loss?
 
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As it stands, Murdoch has closed a loss making paper

A what now?

NotW was not a loss making paper. Considering NGN was making about £180m profit and TGN was losing about £80m, if Mrudoch wanted to close his loss making operations then The Times and Sunday Times would have closed many years ago.
 
who to?

And if no one is willing to pay the fair price (doubt you could force them to pay well below market valuation) what then?

Just close them down and fire everyone working for them?

And what about the printers who will suffer closures and jobless too because of the loss of their big customers?

Or are you suggesting the government should pay the huge market price for them then dump them on the open market for a huge loss?

????????

silly arguments in my opinion.
If you can't pay people to work for you, why should you be in buisiness.
 
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