- The mastheads of News Ltd's Australian papers. Rupert Murdoch's Australian arm News Limited on Wednesday made an Aus$1.97 billion (US$2.0 billion) takeover bid of James Packer's majority-owned media ... more The mastheads of News Ltd's Australian papers. Rupert Murdoch's Australian arm News Limited on Wednesday made an Aus$1.97 billion (US$2.0 billion) takeover bid of James Packer's majority-owned media investment firm Consolidated Media Holdings less 
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