Wednesday, August 01, 2007

Murdoch Seizes Wall St. Journal In $5 Billion Coup

The deal places America's premier financial newspaper in the hands of a 76-year-old mogul who owns what may soon become the world's largest media company. News Corp.'s properties include the Times of London, "American Idol," "The Simpsons Movie," Fox News Channel, MySpace, National Geographic television and a British tabloid that prints photos of topless women.

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