Rupert Murdoch had proposed the deal last fall, nearly a decade after Fox Corporation and News Corporation split apart in 2013. His move to reunite the two arms of his media empire came after he so…
Rupert Murdoch has abandoned plans to combine Fox Corporation and News Corporation, a move that would have reunited his broadcasting and print publishing companies under one roof.
Fox Corporation operates the right-wing channel Fox News, in addition to Fox Sports and Fox TV Stations. News Corporation is the parent of The Wall Street Journal, New York Post, HarperCollins, and other iconic print publications. The companies said that their special committees that had been created to examine the possible merger had been dissolved and thanked them for their “efforts on this matter.
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Rupert Murdoch calls off proposed Fox-News Corp mergerRupert Murdoch had been exploring a reunion of Fox and News Corp about 10 years after he split the companies.
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Rupert Murdoch scraps plan to merge Fox and News CorpRupert Murdoch called off his effort to merge the two parts of his media empire, News Corp and Fox Corp., saying the transaction “is not optimal” for...
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Rupert Murdoch abandons plan to recombine Fox and News Corp | CNN BusinessRupert Murdoch has abandoned plans to combine Fox Corporation and News Corporation, a move that would have reunited his broadcasting and print publishing companies under one roof.
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