Fox began trading on March 19 as a news and sports company after selling its entertainment and international assets to Walt Disney for $71 billion. That deal is expected to close on March 20.
Fox also announced the appointment of four people to its board of directors: former U.S. House Speaker Paul Ryan, Formula One Chairman and Chief Executive Chase Carey, Aragon Global founder Anne Dias, and Hernandez Media Ventures CEO Roland Hernandez. Additionally, Fox adopted a poison-pill provision for one year. Each Class A and Class B stakeholder will receive one right for each outstanding share. The rights will become exercisable only if a person or group obtains beneficial ownership of 15 percent or more of Class B common stock or 15 percent or more of the common stock outstanding.
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Paul Ryan joins board of Fox, new parent company of Fox NewsThe former House speaker will serve alongside the Murdochs in his new role. What a surprise! our govt is broken
Source: washingtonpost - 🏆 95. / 72 Read more »
Rupert Murdoch, scrappy Fox mogul who transformed media, begins his Hollywood goodbyeRupert Murdoch, 88, is exiting the Hollywood studio business after three decades. His company, 21st Century Fox, will be dismantled Tuesday as Walt Disney Co. completes its $71.3-billion deal for prominent Fox assets. The Murdoch family will keep the Fox broadcast network and Fox News. MegJamesLAT He KNOWS to liquidate his assets in the US, before Trump finishes the DESTRUCTION of this country, and all his money is gone. MegJamesLAT Capitalism is working great..........for the wealthy! MegJamesLAT “scrappy”? Whoa! Ultra right wing agenda = scrappy.
Source: latimes - 🏆 11. / 82 Read more »
New Fox Begins Trading, Names New Directors Including Paul RyanFox Corp., which began trading as a standalone company Tuesday after a spinoff from 21st Century Fox, named directors including Paul Ryan, former speaker of the U.S. House of Representatives, to its board. It figures. They need more sanctimonious twits there. Well isn't THAT a coincidence! FoxNews is over
Source: WSJ - 🏆 98. / 63 Read more »
Former House Speaker Paul Ryan joins board of Fox News parent company Fox Corp.Former House Speaker Paul Ryan joins the board of Fox Corp., the owner of Fox News and Fox Sports. Lachlan Murdoch is chairman and chief executive. What a huge surprise! A RINO is rewarded for his years of serving the US Chamber of Commerce! Sorry, I ban the white liars FoxNews
Source: YahooNews - 🏆 380. / 59 Read more »
Former House Speaker Paul Ryan joins board of Fox News parent company Fox Corp.Former House Speaker Paul Ryan joins the board of Fox Corp., the owner of Fox News and Fox Sports. Lachlan Murdoch is chairman and chief executive. Just foolish thoughts of various state problem appeart to be present the wrd circle has long been finishd so let me play more beatiful cntry loved the prblm deard finally the cntry only handles the poor brder of the present state occur the duping crisis He's just sad and somewhat has this crybaby feeling as he was replaced by much better speaker.. Lmao 2021 the truth in media act will be Reinstated and Fox will end in the US and go back to Australia!
Source: USATODAY - 🏆 100. / 63 Read more »
'New Fox' rises after Disney separation — with Paul Ryan on the boardRyan’s position on the board provides Fox with a politically connected ally who can help advocate on behalf of the company. Paul Ryan is going to Hell. Lol Disgusting news
Source: NBCNews - 🏆 10. / 86 Read more »
Murdoch family launches a new Fox, taking a step closer to completing historic Disney dealTuesday marks the first day of trading for the new company, and comes amid high anxiety on the Fox lot in Los Angeles because of the expectation that more than 3,000 jobs will be eliminated as part of Walt Disney Co.’s consolidation of much of Fox. But will its 'news' station still be a cesspool? The new Fox is now “a standalone, publicly traded company,” the company said. Its shares are listed on the Nasdaq market; Tuesday marks the first day of trading. BiffCo
Source: latimes - 🏆 11. / 82 Read more »