Rupert Murdoch calls off proposed Fox-News Corp merger

Rupert Murdoch calls off proposed Fox-News Corp merger

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Rupert Murdoch has scrapped a proposal to combine Fox Corp with News Corp, in a deal that would have reunited the media empire he split nearly a decade ago. In 2013, shareholders approved a plan to divide the media giant’s assets, which include the Times, the Wall Street Journal and the…

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