News Corp acquires The Times
News International, the British arm of Rupert Murdoch's group and now News UK, bought The Times and The Sunday Times from the Thomson Organisation after a year in which industrial disputes had suspended publication. Newspaper transfers needed the Secretary of State for Trade's consent under the Fair Trading Act 1973, and the consent came with binding conditions that still shape how the two titles are run.
- Value
- Undisclosed
- Buyer
- News Corp
- Seller
- —
- Regulatory
- Cleared with remedies; Remedies varied