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Rupert Murdoch pulls plug on possible merger of News Corp. and Fox

Por: CBS News Entertainment January 25, 2023

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Rupert Murdoch has pulled the plug on a proposal to bring back together his News Corp. and Fox Corp., saying the merger isn't coming at the right time for shareholders.In similar statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan.Mr. Murdoch indicated that he and (son and Fox Corp. chief executive) Lachlan K. Murdoch have determined that a combination is not optimal for shareholders of... + full article



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