Pay-TV operator BSkyB
We are delivering on our clear, consistent strategy and are building a larger, more profitable business for the long term, Chief Executive Jeremy Darroch said in a statement. We remain very confident in the broadly based growth opportunity for BSkyB.
News Corp said earlier on Wednesday it had withdrawn its bid, made over a year ago, because of the furor surrounding the company over a phone hacking scandal at one of its newspapers.
(Created by Kate Holton)