Fox Business Signs Lou Dobbs

When Lou Dobbs left CNN a year ago in the face of protests against his tough stance on illegal immigrants, many predicted he would wind up on Fox News.

Politico.com reports they were close. After a year of running his own radio show, Dobbs has signed a “multiyear” deal for a daily show with Fox News’s sibling, Fox Business Network, the network announced Wednesday.

Dobbs will develop and host a new daily show that will premiere in the first quarter of next year and will appear on other FBN shows to provide analysis and commentary.

“I'm excited and feel privileged to join the great team that Rupert Murdoch, Roger Ailes and Neil Cavuto have created, and I can't wait to make whatever contribution I can to Fox Business,” Dobbs said in a statement.

It’s a coup for the three-year-old FBN, which still lags behind rival CNBC in reach, though it did beat it on election night, the L.A. Times, which broke the news, said.

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Lou Dobbs joining Fox Business Network (Joe Flint at LATimes.com)