NWS News: Rupert Murdoch scraps proposal to combine Fox, News Corp, eyes Move sale - 25th Jan 2023, 8:38am

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By Dawn Chmielewski, Greg Roumeliotis, Anirban Sen and Helen Coster

(Reuters) -Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp and Fox Corp as the company is also exploring a sale of Move Inc, which operates the Realtor.com website, to CoStar Group, according to a regulatory filing and sources familiar with the process.

Three sources familiar with the matter said News Corp was in talks to sell its stake in Move to CoStar for about $3 billion.

Several top shareholders had pu...

>>> Read more: Rupert Murdoch scraps proposal to combine Fox, News Corp, eyes Move sale
 
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