Trader wrote:JAS wrote:News Corp have withdrawn their bid for BSkyB.
Smart move, now the government won't put a block in the way.
Means in 12 months time they can just do it then the fuss has died down.
Might be a little bit longer as Lord Justice Leveson has been given 12 months to complete the judicial inquiry. Most of the pundits seemed to think it'd be nearer 2 years however they were also talking about the shareholders actually never wanting the BSkyB takeover in the first place and it only got pushed ahead because Murdoch wanted it and he has the controlling interest so they really don't have much say.
Regards
JAS