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Nov 23 (Reuters) - Media mogul Rupert Murdoch's plan to recombine News Corp with Fox Corp is facing opposition from Independent Franchise Partners, a major shareholder in both firms, 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 i...
>>> Read more: UPDATE 1-News Corp-Fox merger plan faces opposition from major shareholder - WSJ
Nov 23 (Reuters) - Media mogul Rupert Murdoch's plan to recombine News Corp with Fox Corp is facing opposition from Independent Franchise Partners, a major shareholder in both firms, 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 i...
>>> Read more: UPDATE 1-News Corp-Fox merger plan faces opposition from major shareholder - WSJ
