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Murdoch Ends Bid to Buy NewsdayQuicklink Submitted By Sheila Samples No comments
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| News Corporation, the global media conglomerate controlled by Rupert Murdoch, is withdrawing its bid to purchase Newsday. Mortimer B. Zuckerman, the owner of The Daily News, matched Mr. Murdoch?s offer, while Cablevision, the Long Island cable operator that also owns Madison Square Garden and the New York Knicks and Rangers, was a late entrant but upped the ante to $650 million. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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