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NewsCorp withdraws bid for BSkyB
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=14181		 Page 1 of 1
Author:  adidan [ Wed Jul 13, 2011 1:18 pm ]
Post subject:  NewsCorp withdraws bid for BSkyB
NewsCorp withdraws bid for BSkyB

I'll put up a link when one is available.

Edit: BBC Clicky

This will only be good news if the Government addresses how much of the press one person or corporation can own. Otherwise the deal could be back on the table when something else is pushed into the headlines.
Author:  Linux_User [ Wed Jul 13, 2011 1:45 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
Hahahahahahahahahahahahahahahahahahahahahahahahahahahaha!!!!! :mrgreen: :mrgreen: :mrgreen: :mrgreen:
Author:  bobbdobbs [ Wed Jul 13, 2011 3:02 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
Guido Fawkes tweeted an interesting spin on this:
Referral to competition Commission would have delayed takeover by 6 months. City takeover rules allow re-bid after six months.

Is he just waiting for the dust to settle?
Author:  adidan [ Wed Jul 13, 2011 3:05 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
bobbdobbs wrote:
Is he just waiting for the dust to settle?

Yup.

Unless they instigate other rules and constraints on press ownership then they'll just go ahead with the deal at a later date, under the radar.

At the moment they've been buying back shares in NewsCorp, funnily enough while they're trading at a reduced price.
Author:  Spreadie [ Wed Jul 13, 2011 3:10 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
bobbdobbs wrote:
Guido Fawkes tweeted an interesting spin on this:
Referral to competition Commission would have delayed takeover by 6 months. City takeover rules allow re-bid after six months.

Is he just waiting for the dust to settle?

I'd laugh my c*ck off if he waited six months, re-bid and was then still referred to the competition commission. :D
Author:  Linux_User [ Wed Jul 13, 2011 3:17 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
It will be interesting to see if Ofcom proceed with their "fit and proper" inquiry, and subsequently force News International to sell their existing stake in BSKYB.
Author:  jonlumb [ Wed Jul 13, 2011 3:29 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
http://www.foxnewsuk.com/
Author:  Amnesia10 [ Wed Jul 13, 2011 3:37 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
Linux_User wrote:
It will be interesting to see if Ofcom proceed with their "fit and proper" inquiry, and subsequently force News International to sell their existing stake in BSKYB.

I am keeping my fingers crossed.
Author:  adidan [ Wed Jul 13, 2011 3:38 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
jonlumb wrote:
http://www.foxnewsuk.com/

:lol:
Author:  paulzolo [ Wed Jul 13, 2011 3:38 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
Amnesia10 wrote:
Linux_User wrote:
It will be interesting to see if Ofcom proceed with their "fit and proper" inquiry, and subsequently force News International to sell their existing stake in BSKYB.

I am keeping my fingers crossed.


Quote:
News Corp already owns 39% of BSkyB, but may be compelled to give up even this minority stake if it is deemed not to be a "fit and proper" by regulator Ofcom following the conclusion of current police investigations.


http://www.bbc.co.uk/news/business-14142307
Author:  Amnesia10 [ Wed Jul 13, 2011 4:46 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
Quote:
Mr Cable, who was secretly recorded last year saying he had "declared war" on Rupert Murdoch, had been in charge of overseeing the bid, but was replaced by Culture Secretary Jeremy Hunt.

Vince was right all along. Jeremy *unt was wrong all along. 8-)
Author:  l3v1ck [ Wed Jul 13, 2011 4:56 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
What's the betting they try again in a coule of years when all the hoo haa has died down. :roll:
Author:  Amnesia10 [ Wed Jul 13, 2011 5:01 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
l3v1ck wrote:
What's the betting they try again in a coule of years when all the hoo haa has died down. :roll:

Not if they are declared unfit to run a TV network. That might take them many years to do and James might have a criminal record by then.
Author:  belchingmatt [ Wed Jul 13, 2011 6:12 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
Amnesia10 wrote:
l3v1ck wrote:
What's the betting they try again in a coule of years when all the hoo haa has died down. :roll:

Not if they are declared unfit to run a TV network. That might take them many years to do and James might have a criminal record by then.


He's Australian, criminal records come as standard.
Author:  Amnesia10 [ Wed Jul 13, 2011 6:19 pm ]
Post subject:  Re: NewsCorp withdraws bid for BSkyB
belchingmatt wrote:
Amnesia10 wrote:
l3v1ck wrote:
What's the betting they try again in a coule of years when all the hoo haa has died down. :roll:

Not if they are declared unfit to run a TV network. That might take them many years to do and James might have a criminal record by then.


He's Australian, criminal records come as standard.

Why isn't he working behind a bar then? :lol:
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