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(Reuters) -Independent Franchise Partners, a major investor in News Corp and Fox Corp, opposes media mogul Rupert Murdoch's plan to recombine the companies, the Wall Street Journal reported on Wednesday.
The London-based investment firm told a special committee of News Corp's board last month that it thinks a combination on its own would fail to realize the full value of the company, the report said, citing a statement from the shareholder.
Independent is the second investor to express dissent...
>>> Read more: News Corp-Fox merger plan faces opposition from major shareholder - WSJ
The London-based investment firm told a special committee of News Corp's board last month that it thinks a combination on its own would fail to realize the full value of the company, the report said, citing a statement from the shareholder.
Independent is the second investor to express dissent...
>>> Read more: News Corp-Fox merger plan faces opposition from major shareholder - WSJ
