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Murdoch plan to reunite empire pushes Fox down most since 2020

Por: The Boston Globe Business October 18, 2022

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Rupert Murdoch’s plan to combine News Corp. and Fox Corp., recreating the conservative-leaning media goliath that he split apart nine years ago, drew mixed reactions on Wall Street.Several analysts said the potential recombination is unlikely to solve one of the key problems facing Fox and News Corp.: low valuations relative to their peers. While News Corp. gained 3.4 percent Monday amid a broad market rally, Fox’s Class A shares dropped 9.4... + full article



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