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Read this: Murdoch set to get his way as bid for BSkyB nears approval - TV Radio, Media - The Independent

Summary: News Corporation already owns 39 per cent of Sky, and an announcement could be made as early as today, that its bid for the remainder will not be referred to competition authorities. In the anticipated trade-off, News Corp would relinquish control of Sky News, which would be hived off into a trust with independent directors, along with representatives of News Corp. It would be subject to a 15-day consultation process. - independent.co.uk

Read full article: www.independent.co.uk link icon  Murdoch set to get his way as bid for BS…



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