Rupert Murdoch is set to arrive in the U.K. on Sunday to oversee News Corp's response to the phone hacking allegations. He has already made the decision to shut down the popular weekly publication, with a circulation of 2.6 million. This Sunday's issue will be its last. Over 200 jobs will be lost.
This scandal is also jeopardizing News Corp's attempt to take control of BSkyB, the U.K.'s largest satellite broadcaster.
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