BSkyB shares dive as News Corp bid under threat

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BSkyB's shares have plunged again this morning amid further scrutiny of News Corp's takeover bid following the phone hacking scandal.

Shares in the broadcaster were down as much as 7% in early trading on Monday as uncertainty surrounding prospective acquirer News Corporation continued despite Rupert Murdoch's closure of the News of the World. The last issue of the tabloid was published on Sunday as News Corp attempted to limit ongoing fallout from the paper's phone hacking scandal. Yet today's fall in the BSkyB share price follows a 10% fall last week and signals the market has further doubts over News Corp's ability to get its bid to take full control of the company past regulators. The volume of submissions dur...

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