London: News Corp. Punted

The Wall Street Journal, Tuesday, July 12, 2011

London– News Corp punted its proposed takeover of BSkyB to an independent antitrust regulator, slowing and also possibly depoliticizing the approval process for a deal jeopardized by a scandal at the company’s UK newspaper unit.

In American football the phrase “4th down and let’s punt” means the offensive team has to kick the football to the other side and assume a defensive posture.  There is more information about the term and American football at http://www.sportsidioms.com.

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