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Read this: Pestons Picks: Ofcom expected to review News Corps bid for Sky

Summary: So News Corp will be concerned that a reference to Ofcom and then potentially to the Competition Commission could delay and even stymie the deal. BSkyB's directors said the offer was 1 per share too low, but agreed to resume negotiations after regulatory hurdles have been cleared. BSkyB is the biggest broadcaster in the UK. - link

Pestons Picks: Ofcom expected to review …

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