A woman walks past signage outside the entrance to the News Limited building in Sydney in June 2012. Tycoon James Packer's majority-owned Consolidated Media Holdings on Friday said it had received a ... more 

A woman walks past signage outside the entrance to the News Limited building in Sydney in June 2012. Tycoon James Packer's majority-owned Consolidated Media Holdings on Friday said it had received a formal US$2 billion takeover offer from Rupert Murdoch's News Limited less