News Corp. withdraws bid to buy NY newspaper Newsday ...
Lexington Herald-Leader: 4 views since Saturday, May 10, 2008 at 03:27 PM
News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island daily paper Newsday, a News Corp. spokeswoman said Saturday. The decision to revoke the offer came just days after Murdoch confidently predicted he would clinch a deal to buy the newspaper within a week. News Corp. had offered about $580 million for the paper, one of the ...

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