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News Corp CEO Rupert Murdoch (Reuters: Jessica Rinaldi)


Murdoch Expands his Empire by Buying Sky TV-Firm

Murdoch Expands his Empire by Buying Sky TV-Firm

London – Rupert Murdoch, the owner of Twenty-First Century Fox (FOXA.O), has expanded his empire by striking a $14.6 billion deal to buy European pay-TV firm Sky, despite the objection of some of shareholders. Reuters quoted Fox as saying that it would pay 10.75...