Murdoch No Longer Wants to Combine His Media Empire News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at this time.”
Murdoch abandons bid to reunite News Corp and Fox Corp
The proposed tie-up, that was seen in some quarters as succession planning, is deemed "not optimal" for shareholders.
Rupert Murdoch ditches plan to merge Fox and News Corp
The media tycoon has withdrawn his proposal, saying it is "not optimal" for shareholders at this time.
Murdoch pulls plug on possible merger of News Corp., Fox
Rupert Murdoch has pulled the plug on a proposal to merge his News Corp. and Fox Corp. In statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan
Rupert Murdoch abandons proposed tie-up between Fox and News Corp
The deal had been mooted in October.
Rupert Murdoch calls off News Corp-Fox merger after backlash
The potential merger would have unwound the previous £58bn split of the media mogul's empire
Rupert Murdoch scraps proposal to combine Fox and News Corp, explores sale of Move Inc
Rupert Murdoch withdrew a proposal to re-unite News Corp and Fox Corp , indicating that he and his son Lachlan Murdoch, Fox Corp's head, determined that a combination of the companies was "not optimal" for shareholders, according to a regulatory filing on
Rupert Murdoch calls off proposed Fox-News Corp merger
Billionaire mogul says in letter that proposal to reunite companies he split up a decade ago ‘not optimal’ for shareholders