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Fox Corp. shares fell more than 8% and were on pace for the largest drop since at least April 2020 after The Wall Street Journal reported that Rupert Murdoch has proposed a recombination of Fox and News Corp, the two wings of his media empire. News Corp. shares jumped around 5%. You can read more about [the proposed tie-up here](https://www.wsj.com/articles/rupert-murdoch-explores-reuniting-his-media-empire-by-recombining-fox-and-news-corp-11665778812).
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>>> Read more: Fox Stock Heads For Biggest Drop Since 2020
Continue reading
>>> Read more: Fox Stock Heads For Biggest Drop Since 2020
