NWS News: UPDATE 2-News Corp shareholder T Rowe Price raises concerns over Fox merger - NYT - 26th Nov 2022, 1:00pm

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(Adds details about T Rowe Price objections in paragraphs 10-11, 12; Fox and News Corp declining to comment)

Nov 25 (Reuters) - T. Rowe Price, a major shareholder in News Corp, said it had strong reservations about Rupert Murdoch's plan to reunite News Corp and Fox Corp, The New York Times reported on Friday, joining other investors in dissent over the plan.

T. Rowe Price told the newspaper that a merger of the two companies would probably undervalue News Corp, which it believes is trading for...

>>> Read more: UPDATE 2-News Corp shareholder T Rowe Price raises concerns over Fox merger - NYT
 
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