Rupert Murdoch quits boards of UK papers
Updated on Jul 22, 2012 02:41 pm IST
News Corp's Rupert Murdoch has stepped down from a string of boards overseeing the Sun, Times and Sunday Times newspapers in the UK. The company described the news as a "corporate housecleaning exercise" linked to the announcement in June that News Corp would split into two separate companies: a smaller publishing division and a much larger entertainment and TV group, retaining control of both. The news is likely to reignite speculation that News Corp could be preparing to sell the titles, following a phone hacking scandal at the now defunct mass-circulation News of the World that has damaged Murdoch's reputation in Britain.
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