[wsj]
Rupert Murdoch Explores Reuniting His Media Empire by Recombining Fox and News
Corp
Move would bring assets such as Fox News and The Wall Street Journal back under
one roof, nearly a decade after they split
Rupert Murdoch has proposed a recombination of Fox Corp. FOX and News Corp, the
two wings of his media empire, nearly a decade after they split, according to
people familiar with the situation.
Special board committees have recently been established by both companies to
study a possible deal and evaluate potential financial terms, the people said.
The discussions are at an early stage, they added.
Reuniting the companies would bring Mr. Murdoch's highest-profile properties
back under one roof. Fox Corp. owns Fox News and the Fox broadcast network,
along with local TV stations and the Tubi streaming service.
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https://www.wsj.com/articles/rupert-murdoch-explores-reuniting-his-media-empire-by-recombining-fox-and-news-corp-11665778812?st=lctlcdrxhq0rfoa&reflink=desktopwebshare_permalink
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