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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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http://news.bbc.co.uk/1/hi/uk/10233752.stmDes may be looking to shift some cash around or something - he's got a hefty sexual harrassment case aganst him I'd happily see him buy The Sun; at least it would dent Murdoch's little empire a bit 
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Fri Jun 04, 2010 11:19 am |
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timark_uk
Moderator
Joined: Thu Apr 23, 2009 6:11 pm Posts: 12143 Location: Belfast
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He can't think of anything better to spend one billion pounds on?!?
Mark
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Fri Jun 04, 2010 11:32 am |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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Maybe he just wants to watch it burn - that would be worth it for a lot of people if they could afford it 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Fri Jun 04, 2010 11:41 am |
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timark_uk
Moderator
Joined: Thu Apr 23, 2009 6:11 pm Posts: 12143 Location: Belfast
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Watch what burn? His £1billion? Who, in their right mind, would spend a billion pounds on something just to watch it burn?!? Mark
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Fri Jun 04, 2010 11:45 am |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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Have you seen the hatred for The Sun 'newspaper' on this forum alone? If you had a billion to spare, and if it was your rival... I'm just light-heartedly saying the thought might be there 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Fri Jun 04, 2010 11:53 am |
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timark_uk
Moderator
Joined: Thu Apr 23, 2009 6:11 pm Posts: 12143 Location: Belfast
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Nah, not for me. My life could be quite a happy one with a billion to spare and I'd not give that news rag a second thought. Mark
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Fri Jun 04, 2010 11:57 am |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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Only for the bad press (ironically), if I had Bill Gates/Sultan of Brunei etc kinds of money where it didn't really matter, I'd add destroying The Sun to near the bottom of my 'to do' list I think - just in case I ever got to that point. Or, you know, on a whim one day 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Fri Jun 04, 2010 12:17 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Odds are that this will be a highly leveraged buyout. Though the cost might be high, and it depends on how much Murdoch needs the cash. I thought that Sky was a generating loads of cash in tax havens so no need to worry about it, unless he is looking at buying MGM, he will need around $5 billion for that.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Sat Jun 05, 2010 1:30 am |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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I'd be amazed if this actually happened - for one thing, I doubt Murdoch spent so long 'influencing' Gordon and now Dave just to walk away from it all at this juncture... Though his son is incompetent and a liability 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Sat Jun 05, 2010 8:36 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Also Murdoch will not want to lose influence over the government.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Sat Jun 05, 2010 9:45 am |
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ShockWaffle
Doesn't have much of a life
Joined: Sat Apr 25, 2009 6:50 am Posts: 1911
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He also owns the Express, which I understand has suffered a catastrophic decline in circulation... hopefully this is the achievement he will recreate if Murdoch allows him to buy the Sun.
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Sat Jun 05, 2010 2:32 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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He also owns the Star which is the favourite to close. Rumours of its closing have been around since the beginning of the year.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Sat Jun 05, 2010 3:15 pm |
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