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IPFS News Link • MEDIA (MainStreamMedia - aka MSM)

Rupert Murdoch To Reportedly Rebuild Empire, Re-Combine Fox & News Corp

• Zero Hedge

Nine years after Rupert Murdoch split up his holdings, The Wall Street Journal reports that, according to people familiar with the situation, the 91-year-old is exploring a recombination of Fox Corp. and News Corp.

WSJ reports that while discussions are at an early stage, special board committees have recently been established by both companies to study a possible deal and evaluate potential financial terms.

This move would bring Fox News and The Wall Street Journal back under the same roof once again.


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