Murdoch backs down on News Corp, Fox merger
News Corporation has announced that the Company’s Board of Directors received a letter from Rupert Murdoch withdrawing the proposal to explore a potential combination of News Corp and Fox Corporation. Fox was spun off after the 2017 Disney acquisition of Murdoch’s 21st Century Fox. In withdrawing the proposal, Murdoch indicated that he and Lachlan K. […]
January 25, 2023By Colin Mann