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Rupert Murdoch Drops Bid For Newsday
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May 10, 2008
(AP/NEW YORK) - News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island daily paper Newsday, a News Corp.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 t...
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