Murdoch's News International sells Wapping site

 Murdoch's News International sells Wapping site
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Summary Murdoch's News International has sold its Wapping location in East London for 150 million pounds.

It left behind a site that was a 1980s labor flashpoint and a symbol of the media barons determination to shake up Britains newspaper industry.News International chief Tom Mockridge said Wednesday that the sale to property developer St. George marked an end of an era for the company, which moved its newspaper production plant there in the face of intense hostility from trade unionists in 1986.The ensuing fight exhausted Britains unions, and within two years Murdochs major competitors had followed his example and moved away from British journalisms historic home on Fleet Street.News International has
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