NWS News: News Corp investors cheer Murdoch's decision to scrap tie-up with Fox - 26th Jan 2023, 6:08am

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By Dawn Chmielewski, Svea Herbst-Bayliss and Milana Vinn

NEW YORK (Reuters) - Large shareholders in News Corp on Wednesday applauded Rupert Murdoch's decision to withdraw a proposal to reunite the owner of Dow Jones and Fox Corp, as News Corp decided to pursue a sale of Move Inc instead.

News Corp is in talks to sell Move, which operates the Realtor.com website, to CoStar Group, the company said on Tuesday confirming an earlier Reuters report.

On Wednesday afternoon, News Corp shares were up ...

>>> Read more: News Corp investors cheer Murdoch's decision to scrap tie-up with Fox
 
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