Murdoch’s News Corp. Drops BSkyB Bid

July 13 (Bloomberg) -- Porter Bibb, managing partner at Mediatech Capital Partners LLC, discusses the outlook for Rupert Murdoch and News Corp.'s decision to abandon a bid for full control of British Sky Broadcasting Group Plc after U.K. lawmakers demanded the offer be dismissed because of a phone hacking scandal at its newspapers. Bibb speaks with Margaret Brennan on Bloomberg Television's "InsideTrack." (Source: Bloomberg)