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Rupert Murdoch has scrapped a proposal to combine Fox and News Corp after his attempt to bring the two halves of his media empire back together was resisted by shareholders. Murdochâs companies announced on Tuesday that the âspecial committeesâ established to explore the terms of the putative merger would be disbanded with immediate effect on the grounds that the proposal did not serve the interests of shareholders of Fox and News Corp âat this timeâ. Fox and News Corp s...
>>> Read more: Murdoch scraps merger of Fox and News Corp after investor pushback
>>> Read more: Murdoch scraps merger of Fox and News Corp after investor pushback