	queensland press board recommends murdoch offer the queensland press ltd qpl board said it unanimously recommended the one billion dlr takeover bid by cruden investments pty ltd a family company of news corp ltd ncpa s chief executive rupert murdoch the dlrs a share cash only offer is nearly double the market price before news announced its now completed bid for the herald and weekly times ltd hwta s in early december and no other offer is likely it said in a statement independent adviser wardley australia ltd had also concluded the offer was fair and reasonable it added qpl is already owned pct by hwt reuter 
