Murdoch pulls plug on possible merger of News Corp., Fox

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Murdoch family controls both corporations but spun off Fox properties into a separate company after selling a large part to Disney

In similar statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan.

The elder Murdoch first floated merging News Corp. – which owns The Wall Street Journal, New York Post, The Sun and The Times in the U.K., and book publisher HarperCollins – and Fox Corp. that controls Fox News, Fox Sports and local TV stations, in October, according to regulatory filings.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Creep

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines