Rupert Murdoch Backtracks on Plan to Merge Fox and News Corp

nytimes.com/2023/01/24/business/media/news-corp-fox-merger.html

Rupert Murdoch had proposed reuniting News Corp and Fox Corporation, which split up nearly 10 years ago.Credit...Drew Angerer/Getty Images
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.”
Rupert Murdoch had proposed reuniting News Corp and Fox Corporation, which split up…

This story appeared on nytimes.com, 2023-01-25.
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