Murdoch's 21st Century Fox buying National Geographic

Rupert Murdoch's 21st Century Fox is buying the venerable National Geographic magazine from the National Geographic Society. 



The not-for-profit Society has been publishing the magazine since 1888. It is to receive $725 million and retain a 27% stake in a new joint venture called National Geographic Partners, set up by Murdoch. It is not the first time the two have made a deal: the National