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(Reuters) - Activist investor Irenic Capital Management, which has a $150 million stake in News Corp, wants the company to split its media and online real estate units, sources familiar with the matter said on Monday.
Irenic's push comes after media mogul Rupert Murdoch's proposal last week to reunite his media empire by combining News Corp and Fox Corp, nearly a decade after the companies split.
The companies have formed special committees to evaluate the proposal. Irenic has sought a meeting...
>>> Read more: Investor Irenic Capital wants News Corp to split media, real estate units - sources
Irenic's push comes after media mogul Rupert Murdoch's proposal last week to reunite his media empire by combining News Corp and Fox Corp, nearly a decade after the companies split.
The companies have formed special committees to evaluate the proposal. Irenic has sought a meeting...
>>> Read more: Investor Irenic Capital wants News Corp to split media, real estate units - sources
