Angry Investors or Business as Usual? Why Murdoch’s Proposed Fox-News Corp. Merger Fell Through

“Although most analysts believe that Lachlan Murdoch is the chosen successor, this sudden demonstration of stockholder clout is a warning that however much a founding mogul believes that family members will rule forever, times have changed,” veteran journalistThe fact that Fox Corp and Fox News are currently being sued for $1.6 billion by Dominion Voting Systems in a high-profile defamation case may have also played a role.

that News Corp was in talks to sell Move—the parent company of Realtor.com and other real estate websites—to Costar Group for about $3 billion. News Corp on Wednesday confirmed the talks to sell.

I hope Murdoch is forced to pay for the damage his Fox News, namely Sean Hannity and Tucker Carlson, did to Dominion. All kinds of investigations were done on Dominion, and not one showed any discrepancy on their voting machines. Murdoch made tons of money on these lies.

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Rupert Murdoch Pulls the Plug on News Corp.-Fox Corp. MergerIn a Tuesday letter to his board of directors, Murdoch said his proposed remarriage was ultimately “not optimal” for shareholders. That’s nice. One of his papers asked if there are too many Asians.
Fonte: thedailybeast - 🏆 307. / 63 Consulte Mais informação »

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. well, the liability hanging over their head with the dominion suit will do that. Antitrust? IndictmentTime That’s NOT a GOOD SIGN!!! 🤣🤣🤣🤣🤣🤣🤣🤣🤣😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »