Reginal Thomas
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Rupert Murdoch Tweets Why He Can't Buy The LA Times


Earlier this week Twenty First Century Fox's Chief Executive Rupert Murdoch made headlines when it was revealed he made a $80 billion bid to buy Time Warner, that was rebuffed. Today he is making news with a tweet he sent out. The tweet read, "Sorry can't buy Trib group or LA Times - cross-ownership laws from another age still in place," siting why he can't buy publisher Tribune Co or its famous Los Angeles Times newspaper. Not sure where the idea for Murdoch to purchase the publisher came from, but one thing is for sure; if Rupert Murdoch wants something he will find a way to have it.