About yesterday's 5pm deadline for the Bancroft family to make up its mind about Rupert Murdoch's bid? Yeah, deadlines are meant to be broken: there's been no decision yet.

Murdoch, meanwhile, is supposedly being pressured to raise his bid over the $60 per share price he originally put on the table, but let's be clear: The chances of that happening are on par with Col Allan jokes in Page Six disappearing forever. (Or, more accurately, sources close to Rupe say he'll soon ditch the negotiations than raise his bid. Which sounds like a negotiations tactic to us.)

So it remains that there's no clear outcome at this point, but lots of Chatty Cathys say a decision is imminent.