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British Sky’s board of directors faces a dilemma over a potential $4.2 billion payout to shareholders that also would go to Rupert Murdoch’s News Corp., the company whose bid for BSkyB collapsed because of a phone-hacking scandal.

The 14-person board chaired by son James Murdoch will consider a one-time dividend to investors on Thursday, said a person familiar with the matter who asked not to be named because the meeting is private.

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