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James Murdoch, the son of News Corp. chief executive Rupert Murdoch, is poised to stay on as chairman of British Sky Broadcasting as the U.K. pay-TV company’s board reviews options for investor returns, said two people with knowledge of the matter.

The younger Murdoch has the backing of key shareholders and directors of BSkyB, even after his testimony last week to U.K. lawmakers over the phone-hacking scandal.

Denver Post staff and wire reports

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