‘Rupert Murdoch has come out of hibernation’: Top analyst backs Fox-News Corp merger

, as well as a 61.2 per cent stake in REA Group, confirmed last Friday that it had formed a special committee of independent directors to explore “a potential combination” with Fox Corporation. The Murdoch family controls almost 40 per cent of the voting stock in both companies.

“When the split occurred it was to protect the mothership - it was to protect the most significant assets of all which were the American assets,” Enders said. “That is still the case. Fox News is by far the most significant asset of the whole pile of assets that they own.” Fox Corporation continues to own television assets such as Fox Broadcasting, Fox News, Fox Sports, and has investments in sports betting companies as well as advertising-based free streaming service Tubi.Claire Enders, founder, Enders Analysisrich list estimated that Murdoch, 91, and his extended family were worth $US20.8 billion.

newsandimages This evil man should be banned globally banished to the woods

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Rupert Murdoch has come out of hibernation’: Top analyst backs Fox-News Corp merger‘Rupert Murdoch has come out of hibernation’: Top analyst backs Fox-News Corp merger | newsandimages newsandimages MurdochFreeAustralia MurdochGutterMedia MurdochFreeWorld newsandimages Why is this foreign American making it into the Australian news? newsandimages Newscorp/Fox/Sky should be put on trial for supporting and enabling terrorism following their central role in promoting misinformation that led to the insurrection in the US
Source: smh - 🏆 6. / 80 Read more »

News Corp should deal with Foxtel, REA prior to Fox merger: MSNews Corp should think about selling some Australian assets prior to its potential deal with Fox Corp, according to Morgan Stanley analysts.
Source: FinancialReview - 🏆 2. / 90 Read more »