05 22 2015
  1:34 am  
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McMenamins
Stunning retreat a result of UK government's indication it wouldn't approve deal

LONDON (AP) -- In a stunning retreat, Rupert Murdoch's News Corp. dropped its bid Wednesday to take full control of British Sky Broadcasting during what the prime minister called a political and media "firestorm" over phone hacking at one of the media baron's U.K. newspapers.

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