08/31/2009 05:12 am ET Updated May 25, 2011

Rupert Murdoch, Jeff Immelt Met To Broker MSNBC-Fox News Truce: Report

News Corp. chief Rupert Murdoch and General Electric chief Jeffrey Immelt met up at -- appropriately enough -- the Microsoft CEO summit in Redmond, Wash., to figure out how to defuse tensions between the two channels, Company Town has learned. The primary focus of the chit-chat was the back-and-forth sniping between MSNBC's Keith Olbermann and Fox's Bill O'Reilly. The two often exchange insults, Olbermann by name, O'Reilly by insinuation.

Read more on Los Angeles Times