06/09/2010 05:12 am ET Updated May 25, 2011

Murdoch Slashes Ad Rates In Attack On New York Times

Rupert Murdoch is offering steep discounts to advertisers prepared to take space in the Wall Street Journal and the New York Post.

It is part of an aggressive attack on the New York Times, timed just ahead of the 26 April launch of the WSJ's special New York edition.

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