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Murdoch would prefer investing News Corp’s billions in US than UK

Murdoch would prefer investing News Corp’s billions in US than UK Zeebiz.com

London, June 30: Media tycoon Rupert Murdoch has said he would prefer to invest his media firm News Corp's billions of dollars of cash in America than Britain as he plans to distance himself from his disgraced newspaper business.

Murdoch, 81, said his thinking had ‘moved on’ when asked whether News Corp would consider another bid for the rest of BSkyB, the UK's largest pay-TV company.

“There are billions and billions of dollars, and if Britain didn't want 'em, there are plenty of good places to put them here (in the US),” he told Fox Business.

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