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The Twenty-First Century Fox Studios logo is seen in Los Angeles

Buyers circle suddenly attractive media companies

All of a sudden, it seems, everybody wants to own a U.S. media company, like the recent flurry of interest around Twenty First Century Fox suggests. The sudden surge in M&A activity in media looks to be powered by relatively low asset prices, cheap financing and the prospect of tax cuts.

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Russia casts 11th U.N. Syria veto, again blocking inquiry

Russia vetoed on Friday a Japanese-drafted U.N. Security Council resolution to extend by one month an international inquiry into who is to blame for chemical weapons attacks in Syria, just a day after Moscow blocked a U.S. push to renew the investigation.

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