Shares in News Corp take hit after phone hacking scandal
Shares in BSkyB and News Corp fall on fears that the phone-hacking scandal could hinder News Corp's bid for the broadcaster.
News Corp's shares fell by 3.6% on the Australian stock exchange. On Wednesday, its shares closed 3.3% lower in New York, having earlier fallen by as much as 5%.
BBC News spoke to Manoj Ladwa from ETX Capital about the share fall and the proposed BSkyB merger.
07 Jul 2011
- From the section Business