COMPANY TOWN ANNEX

Murdoch’s TV Station Deal Probed: Federal regulators are reviewing their approval of Rupert Murdoch’s 1985 acquisition of six big-city television stations, including one in Los Angeles. The government is investigating whether the purchase violated federal laws prohibiting foreign ownership of U.S. broadcasting properties. If so, it could have multibillion-dollar consequences for Murdoch and the company he controls, News Corp. The stations--also in Washington, New York, Chicago, Dallas and Houston--formed the basis for the Fox television network.