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Cable intervenes in proposed BSkyB acquisition

November 4, 2010 10:41 AM
Originally published by UK Liberal Democrats

Liberal Democrat Business Secretary Vince Cable today issued an intervention notice on News Corp's proposal to acquire the BSkyB shares that it does not already own.

"On the basis of the information and submissions available to me, I have decided that it is appropriate to issue an intervention notice in this particular case," he said.

"The independent experts at Ofcom will now investigate and report to me on the media plurality issues that may arise from this proposed acquisition."