NWS News: Fox's (FOXA) Merger With News Corp Faces Heavy Opposition - 26th Nov 2022, 4:09am

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Fox Corporation’s FOXA recent announcement of the merger with News Corporation NWSA has been facing opposition from big shareholders.

Major investors like Independent Franchise Partners, a London-based investment firm fears that combining the two companies would fail to realize the full value of the company, which doesn’t serve well for them.

Instead, investors such as Irenic Capital have proposed the spin-off or break-up of News Corp’s assets and business divisions that wil...

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