BSkyB Keeps James Murdoch As Chairman

Law360, New York (July 29, 2011, 2:11 PM EDT) -- British Sky Broadcasting Group PLC said Friday it would retain James Murdoch as its chairman, backing the beleaguered News Corp. executive after a phone-hacking scandal at the New York-based media conglomerate sank the companies' planned merger.

Murdoch's future had been a big question mark ahead of BSkyB's annual meeting Thursday, but the satellite broadcaster — targeted by News Corp. for takeover until criminal allegations of snooping in the voice mails of a young murder victim and many others surfaced against News Corp. — said its board...
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