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Media baron Rupert Murdoch abandoned his plans to merge Fox Corp and News Corp, the two media companies he controls.
Both companies said their board of directors received letters from Murdoch âwithdrawing the proposal to explore a potential combination of News Corp and Fox Corporation.â Together with his eldest son Lachlan, Murdoch determined that combining the two entities âis not optimal for shareholdersâ of either company at this time.
Read more
3 ways to reduce invisib...
>>> Read more: Rupert Murdoch has decided against reuniting his two media firms that he split up 10 years ago
Both companies said their board of directors received letters from Murdoch âwithdrawing the proposal to explore a potential combination of News Corp and Fox Corporation.â Together with his eldest son Lachlan, Murdoch determined that combining the two entities âis not optimal for shareholdersâ of either company at this time.
Read more
3 ways to reduce invisib...
>>> Read more: Rupert Murdoch has decided against reuniting his two media firms that he split up 10 years ago
