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Read this: Murdoch prepares to tighten his grip -Business Analysis Features, Business - The Independent

Summary: News Corporation owns a near 40 per cent stake in the pay-TV provider and the Australian tycoon has decided the time is right for one of the company's founding shareholders to take full control. The target's independent directors also announced they had dismissed both, and the shares leapt 16 per cent, the most in a decade, on the belief a deal will be done at a full price. Insiders said this was the first time such an approach had been made. - independent.co.uk

Read full article: www.independent.co.uk link icon  Murdoch prepares to tighten his grip -Bu…



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