Penguin authors and agents 'terrified' at prospect of News Corp takeover

News Corp deal would leave Penguin's reputation in tatters, says co-author of book on downfall of News of the World Rupert Murdoch's News Corporation, described by Labour MP Tom Watson as a "toxic institution", could soon be publishing his book on the phone-hacking scandal as the publisher considers a bid for Penguin. The reported £1bn offer could leave Penguin's reputation in tatters, according to the co-author of Watson's Dial M for Murdoch, which chronicles the downfall of the News of the ...