News Corporation takeover bid for BSkyB Italia. "The Guardian" went so far as to say that, "Without a full takeover of BSkyB, News Corp's global satellite strategy would look an unco-ordinated mess." The first key turning point in the planned takeover was the removal in December 2010 of regulatory approval from Vince Cable, who had told undercover reporters from "The Daily Telegraph" he had "declared war" on Murdoch. When these comments were made public, the final say on the deal went instead to Jeremy Hunt. Cable's comments on this matter were not published by the "Telegraph", but were instead leaked to BBC journalist Robert Peston, most
News Corporation takeover bid for BSkyB the World" and publishing an apology by Murdoch both failed. In the face of a planned motion in the House of Commons calling on News Corporation to abandon the bid, News Corporation acquiesced. On 15 June 2010, BSkyB announced that it had rejected an offer from News Corporation to take full control of the company. News Corp had offered 700p per share for the remaining 60.9% of shares that it did not own. BSkyB said that it would only consider offers of at least 800p per share. Although the two companies had not agreed on a revised takeover proposal, News