Rupert Murdoch calls off proposed Fox-News Corp merger
The Guardian M&A
JANUARY 24, 2023
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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