News Corp. Offers to Buy Consolidated Media

June 20 (Bloomberg) -- News Corp., the media company controlled by Rupert Murdoch, offered to buy all of Consolidated Media Holdings Ltd. for A$2 billion ($2 billion) in cash to double its stake in Australia’s largest pay television network. Shraysi Tandon and David Ingles report on Bloomberg Television's "Asia Edge" with Susan Li. (Source: Bloomberg)