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Murdoch says he cannot buy Tribune, LA Time

International

Los Angeles - Twenty-First Century Fox cannot buy publisher Tribune Co or its Los Angeles Times newspaper, Fox Chief Executive Rupert Murdoch wrote on Twitter on Friday, citing US laws on media ownership.

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Rupert Murdoch Photo: Reuters

“Sorry can't buy Trib group or LA Times - cross-ownership laws from another age still in place,” said tweets attributed to Murdoch.

Fox earlier this week revealed it had made a roughly $80 billion bid for Time Warner Inc that was rebuffed. - Reuters

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