After the News of the World phone hacking scandal Rupert Murdoch's News Corporation/News International has sensationally dropped plans to take over British satellite broadcaster BSkyB.
This is a shock because after the British government kicked the issue into the long grass by referring the matter back to the competition commission and the Prime Minister announced he wouldn't take part in a symbolic vote in the House of Commons today (13/7/11) everyone knew that the deal would be going through once things had calmed down a bit. After all the Brits always roll over when they come up against a more powerful opponent.
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