NWS News: Murdoch scraps merger of Fox and News Corp after investor pushback - 25th Jan 2023, 9:59am

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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. Murdoch’s companies announced on Tuesday that the “special committees” 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 “at this time”. Fox and News Corp s...

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