News Corp is not intending to increase its offer for New York suburban daily newspaper Newsday, a company source has told the Financial Times.
Rupert Murdoch has bid $580m for the loss-making title, and hopes to merge its back-office operations with those of the New York Post.
BBC boss: We had 'responsibility' to report Sir Cliff Richard allegations against backdrop of Savile failures 
Culture Secretary 'minded to' intervene in Trinity Mirror takeover of Express Newspapers 
Lifestyle website The Debrief announces closure after four years of championing feminist issues 
NUJ warns of national strike by BBC journalists angry at ongoing pay and conditions disputes 
National newspapers pull out the souvenirs for new royal baby, but it's strictly business at the FT 
Tower Hamlets council bans local press photographers from election count
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