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Rupert Murdoch calls off proposed Fox-News Corp merger

The Guardian M&A

Billionaire mogul says in letter that proposal to reunite companies he split up a decade ago ‘not optimal’ for shareholders Fox Corp said on Tuesday that Rupert Murdoch had scrapped a proposal to combine the company with News Corp, in a deal that would have reunited the media empire he split nearly a decade ago.

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Rupert Murdoch Backtracks on Plan to Merge Fox and News Corp

NYT M&A

News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at this time.”

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Rupert Murdoch Explores News Corp and Fox Corp Consolidation

Benzinga

Rupert Murdoch weighed merging his media empire, News Corp (NASDAQ: NWSA ) and Fox Corp (NASDAQ: FOX ), nearly a decade after the companies split. People familiar with Murdoch’s proposal said both companies could benefit from being more significant, the Wall Street Journal reported.

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Murdoch Drops Effort to Combine Fox, News Corp

Law 360 M&A

said Tuesday that Rupert Murdoch has withdrawn his proposal to explore a potential combination of Fox and News Corp, which would have reunited his broadcasting and print publishing companies after roughly a decade as separate entities.

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Another News Corp. Investor Raises Doubt About Fox Merger

Law 360 M&A

An additional News Corp. shareholder, the London-based investment firm Independent Franchise Partners, has expressed concern about a possible merger between the media company and Fox Corp.

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A Look At The Investment Firm That Owns Dominion Voting

Law 360 M&A

against media giant Fox Corp. represents a major victory for New York middle market investment firm Staple Street Capital Group, which has owned a majority stake in the voting systems company since 2018. million settlement reached this week in a high-profile defamation lawsuit lodged by Dominion Voting Systems Inc.

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Extending Dual Class Stock: A Proposal

Harvard Corporate Governance

Fox Distinguished Professor of Business Law at the University of Pennsylvania Carey Law School and Steven Davidoff Solomon is Alexander F. As companies that adopted dual-class stock structures with sunsets at the time of their IPOs age, some sunset mechanisms, particularly term-based sunsets, are beginning to take effect. 3d 635 (Del.