Murdoch abandons Hughes bid
News Corp. has abandoned its bid for Hughes Electronics and its DirecTV satellite television service after company parent General Motors failed to choose a buyer. Speculation that GM's board of directors would select between News Corp. and rival bidder EchoStar Communications came to naught over the weekend. The board made no decision.
Continue reading – simply subscribe below
It takes just two minutes and you’ll immediately gain full access to ScreenDaily.com, PLUS Screen International monthly magazine delivered to your door.
Screen International Subscribers:
If you are a Screen International subscriber please sign in with your email address and click submit:
Not a Screen International subscriber?
Sign up today for immediate and complete access to screendaily.com and the monthly Screen International magazine for as little as £19 a month!
Find out more about all the benefits of a subscription to Screen International.