Murdoch's Newsday Bid Faces Hurdle
Guardian, April 25, 2008
By Elana Schor
Rupert Murdoch may be forced to cede control of part of his growing American media holdings in order to complete his $580 million offer to buy the New York-based Newsday newspaper.
The federal communications commission, the US government agency that oversees media, recently relaxed its rules on the consolidation of properties under one owner.
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