News Corp. ‘Carefully Reviewing’ Phone Hacking Report

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News Corporation this morning released a statement in response to a scathing UK parliamentary report on phone hacking that found Rupert Murdoch not “fit” to lead a major media company:

News Corporation is carefully reviewing the Select Committee’s report and will respond shortly. The Company fully acknowledges significant wrongdoing at News of the World and apologizes to everyone whose privacy was invaded.

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