NWS News: Rupert Murdoch Explores News Corp and Fox Corp Consolidation - 17th Oct 2022, 11:24pm

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Rupert Murdoch weighed merging his media empire, News Corp (NASDAQ: NWSA) and Fox Corp (NASDAQ: FOX), nearly a decade after the companies split. People familiar with Murdoch’s proposal said both companies could benefit from being more significant, the Wall Street Journal reported. The combined company would have more balance sheet strength to pursue acquisitions. The companies would be on a firmer footing to compete for digital-ad dollars, using the scale of their combined properties, pe...

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