Rupert and Lachlan Murdoch dumped plans for a mega merger between News Corp and Fox.
“As such, the special committees were disbanded and no further time or action is being taken on this topic.”But he added that he felt the merger would have made sense. “I’ve said in the past that I think scale provides flexibility and that it’s important to be prepared when opportunities present themselves,” he said.
Lachlan Murdoch is the co-chairman of News Corp, which is scheduled to post its results on Friday morning .
LOL Lachlan the acumen of a turnip, every business he's developed has failed