IPFS News Link • MEDIA (MainStreamMedia - aka MSM)
Rupert Murdoch To Reportedly Rebuild Empire, Re-Combine Fox & News Corp
• Zero HedgeNine 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.