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Ofcom delve into BSkyB buy up

Ofcom is beginning an investigation of News Corp’s plan to purchase BSkyB, under orders of the Business Secretary. News Corp plans to purchase the 61 per cent of the broadcasting company it does not already own.

Under urging from the heads of Channel 4, BBC, and the Mail, the Telegraph, the Mirror, and the Guardian newspaper [...]

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BSkyB Murdoch takeover?

Rumours are circulating that Robert Murdoch will pay a lump sum of £6bn in order to take over BSkyB with a 61% share in the company even though he does not own it causing the overall share price of the company to reach a two year high last Friday closing at 598p up 5% leaving [...]

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