Sky's independent directors have withdrawn their support for a deal for 21st Century Fox to buy the British company, setting the scene for a possible bidding war.
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Fox News ceased broadcasting in the UK on Tuesday. Its parent company, 21st Century Fox, is trying to get government approval for its takeover bid of European media giant Sky. Above, headlines scroll across the Fox News studios in New York earlier this month.
Rupert Murdoch (left) with Fox News co-presidents Jack Abernethy and Bill Shine today. Last week, Fox News fired Bill O'Reilly in a move to save a $14 billion dollar deal.
Fox News CEO and Chairman Roger Ailes and his wife, Elizabeth Tilson, leave the News Corp. building in New York on Tuesday. Ailes is stepping down from his role and Rupert Murdoch will be taking over as chairman and acting CEO.
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Rupert Murdoch (center) and his sons Lachlan (left) and James (right) are seen in a combination of file photos. Rupert Murdoch, the head of News Corp. and the Fox media empire, says he will hand over the reins of the company.
Rebekah Brooks, left, the former Chief Executive of News International, and her husband Charlie Brooks leave Southwark Crown Court on Wednesday in London, England.
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