NWS News: Rupert Murdoch considers recombination of Fox and News Corp: Report - 15th Oct 2022, 8:44am

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Rupert Murdoch is reportedly considering a recombination of Fox (FOXA) and News Corp (NWSA).

According to Murdoch-owned The Wall Street Journal (WSJ), the 91-year-old businessman is currently in early discussions to rejoin the two entities of his media empire, which formerly split in 2013. Disney acquired the bulk of Fox's entertainment assets in a $71 billion deal back in 2019.

The WSJ report added that special board committees have been established by both companies to study a possible deal ...

>>> Read more: Rupert Murdoch considers recombination of Fox and News Corp: Report
 
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