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Wednesday, 24 January 2007 |
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Reptiles Battle For Newspaper Group
Murdoch, Carlyle and Co clash snouts in the trough
'Rupert Murdoch's News Corporation has joined the Chandler family in its bid for Tribune Company, with an eye to taking a stake in New York's Newsday newspaper.
Newsday, which is based in Long Island, is one of Tribune's largest newspapers, along with the Los Angeles Times and Chicago Tribune. The media group, which put itself up for sale in September, also includes 23 television stations and the Chicago Cubs baseball team.'
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