Empire

Murdoch No Longer Wants to Combine His Media Empire

13 days ago   |   By NY Times

News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at this time.”
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Rupert Murdoch's News Corp. And Fox Abandon Potential Merger After Special Committee Found “A Combination Is Not Optimal For Shareholders”

13 days ago   |   By Deadline

News Corp. and Fox Corp., both controlled by Rupert Murdoch, have abandoned a potential merger after a special committee determined that “a combination is not optimal for shareholders.” Multiple shareholders in the companies had expressed their opposition to the merger in recent months. Murdoch officially notified the boards of both companies that the merger proposal...
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