In a Tuesday letter to his board of directors, Murdoch said his proposed remarriage was ultimately “not optimal” for shareholders.
Rupert Murdoch has withdrawn his proposal to remerge Fox Corp. and News Corp. nine years after they split, sending a letter to his board of directors on Tuesday announcing the decision. “In withdrawing the proposal, Mr. Murdoch indicated that he and Lachlan K.
Murdoch have determined that a combination is not optimal for shareholders of News Corp and Fox at this time,” News Corp’s boardannouncing that Murdoch had pulled the plug on a merger. “As a result of this action, the Special Committee of the Board of Directors of News Corp has been dissolved.” The 91-year-old mogul and his son sought to reunite the media empire, which split up following
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Rupert Murdoch Withdraws Proposal to Merge Fox Corp. and News CorpRupert Murdoch called off his effort to merge the two parts of his media empire, News Corp and Fox Corp., saying the transaction “is not optimal” for shareholders of the companies at this time.
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Rupert Murdoch calls off proposed Fox-News Corp mergerRupert Murdoch had been exploring a reunion of Fox and News Corp about 10 years after he split the companies.
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Rupert Murdoch scraps plan to merge Fox and News CorpRupert Murdoch called off his effort to merge the two parts of his media empire, News Corp and Fox Corp., saying the transaction “is not optimal” for...
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Rupert Murdoch’s News Corp. And Fox Abandon Potential Merger After Special Committee Found “A Combination Is Not Optimal For Shareholders”News Corp. and Fox Corp., both controlled by Rupert Murdoch, have abandoned a potential merger after a special committee determined that “a combination is not optimal for shareholders.”…
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AmerisourceBergen Corp. is changing its name - Dallas Business JournalCEO Steven H. Collis said the 'new name better reflects who we are today and our impact across pharmaceutical care.”
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Belle and Sebastian Cancel Tour as Stuart Murdoch's Health Issues Persist“We felt it would be a safer route to cancel this tour and leave a clear path to recovery, rather than take a risk and have to cancel at the last minute”
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