“Rupert Murdoch’s media group News Corporation bowed to pressure from the public and parliament on Wednesday and withdrew its bid to take full control of pay-TV company BSkyB.”
The Guardian, 13th July 2011
Source: www.guardian.co.uk
“The Culture Secretary has asked Ofcom and the Office of Fair Trading (OFT) if the closure of the News of the World (NotW) newspaper has changed their view of whether its owner should be allowed to take over BSkyB, according to media reports.”
OUT-LAW.com, 11th July 2011
Source: www.out-law.com
“An independent director will have to sit in on Sky News board meetings when editorial decisions are being made if News Corporation’s bid to takeover BSkyB is successful and the news provider is spun off into a separate company, the Government said today.”
OUT-LAW.com, 30th June 2011
Source: www.out-law.com
“The Takeover Panel has moved a step closer to drastically overhauling its code as it seeks to remove the ‘tactical advantage’ for hostile bidders targeting UK companies.”
The Independent, 22nd March 2011
Source: www.independent.co.uk
“The culture secretary, Jeremy Hunt, said today he expects his decision on whether to allow the proposed takeover of BSkyB by Rupert Murdoch’s News Corporation to be judicially challenged whatever decision he comes to.”
The Guardian, 12th January 2011
Source: www.guardian.co.uk
“The Government has asked media regulator to assess the affect on media plurality of the proposal from Rupert Murdoch’s News Corporation that it take BSkyB private.”
OUT-LAW.com, 4th November 2010
Source: www.out-law.com
“Long term investors’ interests are too easily damaged by hostile takeovers, the Takeover Panel has said. It will amend the City’s rules on takeovers of publicly traded companies to protect the existing shareholders of target companies.”
OUT-LAW.com, 21st October 2010
Source: www.out-law.com
“Unions today called for a ‘Cadbury law’ to protect the crown jewels of British industry following a damning verdict by MPs on the chocolate maker’s takeover by US food conglomerate Kraft.”
The Guardian, 6th April 2010
Source: www.guardian.co.uk
“The Takeover Panel received a significant boost to its authority to police takeovers today after the High Court approved a £1.8 billion acquisition of Expro, the oil services provider, by a private equity consortium.”
The Times, 26th June 2008
Source: www.timesonline.co.uk
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