Rupert Murdoch's US company News Corp has joined the Chandler family in its bid for the media giant Tribune with an eye to taking a stake in New York's Newsday newspaper. It is one of Tribune's largest newspapers, along with the Los Angeles Times and Chicago Tribune. It appears that Murdoch wants to combine back office and operational functions at Newsday with those of his sales-winning tabloid, the New York Post. (Via FT.com)
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Murdoch aims to add Newsday to New York Post
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