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Curtain Falls on Murdoch’s BSkyB Bid


As I noted yesterday, it was all but inevitable that the proposed News Corporation takeover of BSkyB would soon be dead in the water (or at least, in the words of Monty Python, “coughing up blood”), but it had still seemed possible that it would go to arbitration and flounder there. As it happened, it was a suicide: This morning, Rupert Murdoch withdrew the application, claiming that it was “too difficult to progress in this climate.” He is right. It would not have been a walk in the park had there been no scandal, but with a parliamentary investigation, a popular, tripartisan motion tabled by the Labour party to express opposition the move, a prime minister who cannot be seen to be soft on News International, and overwhelming public opinion against Murdoch’s empire, the rejection would have been but a formality.