Dinner at Rupert’s – BusinessWeek

by peterjukes

On June 16, Murdoch hosted a party at the Orangery in Kensington Gardens, an annual affair that he usually scheduled around News Corp.’s London board meeting, and attended by Prime Minister David Cameron and opposition leader Ed Miliband. It also seemed like a pre-party for News Corp.’s bid for 100 percent control of BSkyB, or British Sky Broadcasting Group (BSY:LN), the largest pay-TV company in the U.K. and Ireland—a deal that was mere days from final approval. (News Corp. already held—and still holds—a 39 percent controlling stake in BSkyB, which has a market capitalization of approximately $20 billion.) A sudden lightning storm drove the revelers inside at one point, the only blemish on a splendid evening.

via Dinner at Rupert’s – BusinessWeek.