Murdoch has no plans to bid more for Newsday
Posted
by
Paul McNally
on 4 May 2008
at 13:01
Tags: Media Business, National Newspapers
News Corp is not intending to increase its offer for New York suburban daily newspaper Newsday, a company source has told the Financial Times.
Rupert Murdoch has bid $580m for the loss-making title, and hopes to merge its back-office operations with those of the New York Post.
