The European Deal Shoring Up Murdoch's War Chest

The European Deal Shoring Up Murdoch's War Chest Play

July 25 (Bloomberg) -- Rupert Murdoch and his son James have spent years cobbling together a pay-TV empire stretching from Manchester to Munich to Milan, but the family’s ambition of bringing it all under one roof foundered after a 2011 phone-hacking scandal that tarnished the Murdoch name. Today the deal was done -- with a non-Murdoch at the helm. Bloomberg's Paul Sweeney and Jon Erlichman have more on "Street Smart." (Source: Bloomberg)

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