Rupert Murdoch and News Corp. (NWS) brass skip Davos in favor of London, as the company's $12.5B...

|About: News Corporation (NWS)|By:, SA News Editor

Rupert Murdoch and News Corp. (NWS) brass skip Davos in favor of London, as the company's $12.5B bid for BSkyB hangs in the balance, Reuters reports. The British government has given News Corp. a final chance to allay concerns that a merger would give the company too much influence over Britain's news media.