Tag Archives: recombination

Rupert Murdoch considers recombination of Fox and News Corp: Report

Rupert Murdoch considers recombination of Fox and News Corp: Report

Rupert Murdoch is reportedly considering a recombination of Fox (FOXA) and News Corp (NWSA). According to Murdoch-owned The Wall Street Journal (WSJ), the 91-year-old businessman is currently in early discussions to rejoin the two entities of his media empire, which formerly split in 2013. Disney acquired the bulk of Fox’s entertainment assets in a $71 billion deal back in 2019. The WSJ report added that special board committees have been established by both companies to study a possible deal… Source link

Read More »