How Rupert Murdoch's Last Attempt at Power Failed Spectacularly
Summary by NewsWall Apr 16 23
- So begins Rupert Murdoch's decline as a media mogul.
- Murdoch wanted it at the age of 91 so that he could put all of the family enterprises under his control and then hand them over to his chosen successor, his son Lachlan Murdoch.
- Nonetheless, Fox Corp stockholders believed that News Corp's legacy newspaper business—including the infamous London tabloid, The Sun, on which the empire was founded—would be a drag on the merged corporation's profits, while News Corp shareholders were wary of being in the same corporate bed as Fox News, which they considered toxic, and would suffer a similar loss in market value.
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| Last Updated | Jan 25 23 |
| Total Articles | 50 |
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Rupert Murdoch withdraws bid to recombine two halves of his empire : Murdoch had hoped to merge News Corp. and Fox Corp., a decade after he split them ...
washingtonpost.com/media/2023/01/24/murdoch-fox-corp-news-corp-merger-blocked/
Rupert Murdoch Pulls the Plug on News Corp.-Fox Corp. Merger: In a Tuesday letter to his board of directors, Murdoch said his proposed remarriage was ultimately ...
thedailybeast.com/rupert-murdoch-pulls-the-plug-on-news-corp-fox-corp-merger
Rupert Murdoch calls off proposed Fox-News Corp merger: Rupert Murdoch had been exploring a reunion of Fox and News Corp about 10 years after he split the ...
cnbc.com/2023/01/24/rupert-murdoch-calls-off-proposed-fox-news-corp-merger.html
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Rupert Murdoch withdraws bid to recombine two halves of his empire : Murdoch had hoped to merge News Corp. and Fox Corp., a decade after he split them ...
washingtonpost.com/media/2023/01/24/murdoch-fox-corp-news-corp-merger-blocked/
Rupert Murdoch Pulls the Plug on News Corp.-Fox Corp. Merger: In a Tuesday letter to his board of directors, Murdoch said his proposed remarriage was ultimately ...
thedailybeast.com/rupert-murdoch-pulls-the-plug-on-news-corp-fox-corp-merger
Rupert Murdoch calls off proposed Fox-News Corp merger: Rupert Murdoch had been exploring a reunion of Fox and News Corp about 10 years after he split the ...
cnbc.com/2023/01/24/rupert-murdoch-calls-off-proposed-fox-news-corp-merger.html
Rupert Murdoch abandons plan to recombine Fox and News Corp: Rupert Murdoch has abandoned plans to combine Fox Corporation and News Corporation ...
cnn.com/2023/01/24/media/rupert-murdoch-fox-news-corp/
Breaking News: Rupert Murdoch no longer wants to combine his media companies, Fox and News Corp, saying that a merger is “not optimal for shareholders.” Show more
Rupert Murdoch reversed course on Tuesday and withdrew a proposal to re-unite News Corp and Fox Corp as the company is also exploring a sale of its stake in ... Show more Realtor.com
Rupert Murdoch scraps proposal to combine Fox, News Corp, eyes Move sale: Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp (NWSA ...
reuters.com/business/media-telecom/rupert-murdoch-scraps-proposal-combine-fox-news-corp-2023-01-24/
Murdoch No Longer Wants to Combine His Media Empire: News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for ...
nytimes.com/2023/01/24/business/media/news-corp-fox-merger.html
Murdoch pulls plug on possible merger of News Corp., Fox: NEW YORK (AP) — Rupert Murdoch has pulled the plug on a proposal to bring back together his News Corp ...
apnews.com/article/fox-corp-news-rupert-murdoch-business-871cab241fda3ff7dab427c28a0785ba
Rupert Murdoch ditches plan to merge Fox and News Corp: The media tycoon has withdrawn his proposal, saying it is "not optimal" for shareholders at this time.
bbc.com/news/business-64395490
Rupert Murdoch Withdraws Proposal to Merge Fox Corp. and News Corp: Special committees of the media companies’ boards had been reviewing Mr. Murdoch’s proposal
wsj.com/articles/rupert-murdoch-withdraws-proposal-to-merge-fox-corp-and-news-corp-11674596679
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How Rupert Murdoch’s Final Grasp for Power Failed So Spectacularly: Rupert Murdoch is a mogul who’s never backed down, stockholders be damned ...
thedailybeast.com/how-rupert-murdochs-final-grasp-for-power-failed-so-spectacularly
Rupert Murdoch calls off proposed Fox-News Corp merger: Billionaire mogul says in letter that proposal to reunite companies he split up a decade ago ‘not ...
theguardian.com/media/2023/jan/24/rupert-murdoch-fox-news-corp-merger
Murdoch pulls plug on possible merger of News Corp., Fox: The companies said their boards received letters from Murdoch withdrawing the plan ...
detroitnews.com/story/business/2023/01/25/murdoch-pulls-plug-on-possible-merger-of-news-corp-fox/69839390007/
Rupert Murdoch scraps proposal to combine Fox, News Corp, eyes Move sale: (Reuters) -Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp and Fox ...
finance.yahoo.com/news/rupert-murdoch-scraps-proposal-combine-213829126.html
News Corp in Talks to Sell Real Estate Site For $3 Billion: Rupert Murdoch’s News Corp. is in talks to sell its Move Inc. online real estate business to CoStar ...
bloomberg.com/news/articles/2023-01-24/news-corp-is-said-in-talks-to-sell-realtor-com-to-costar-group
Murdochs Drop Fox, News Corp. Merger After Investor Pushback: Rupert Murdoch said he was abandoning plans to explore a recombination Fox Corp. and News Corp. ...
bloomberg.com/news/articles/2023-01-24/murdochs-drop-plans-for-fox-news-corp-recombination
Murdochs pull bid to combine News Corp and Fox Corp : Rupert Murdoch has pulled back his bid to merge News Corp. and Fox Corp., two of his largest media ...
thehill.com/homenews/3828909-murdochs-pull-bid-to-combine-news-corp-and-fox-corp/
Rupert Murdoch Scraps Plans To Reunite Fox And News Corp.: The decision will keep high-profile media outlets like the Wall Street Journal and Fox News in ...
forbes.com/sites/nicholasreimann/2023/01/24/rupert-murdoch-scraps-plans-to-reunite-fox-and-news-corp/
News Corp plans to sell $1.4B real estate giant Move Inc to CoStar: A deal to acquire Move Inc, which operates Realtor.com, would be a major leap in CoStar's ...
businessinsider.com/news-corp-sell-real-estate-giant-move-inc-2023-1
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Rupert Murdoch abandons bid to reunite News Corp and Fox Corp : The proposed tie-up, that was perceived in some quarters to be succession planning ...
news.sky.com/story/murdoch-abandons-bid-to-reunite-news-corp-and-fox-corp-12795089
Murdoch pulls plug on possible merger of News Corp., Fox: Rupert Murdoch has pulled the plug on a proposal to bring back together his News Corp. and Fox Corp.
torontosun.com/news/world/murdoch-pulls-plug-on-possible-merger-of-news-corp-fox
Media Baron Rupert Murdoch Backtracks On Plan To Merge News Corp, Fox: Report: New York News Corp, one of Rupert Murdoch's media companies ...
ndtv.com/world-news/media-baron-rupert-murdoch-backtracks-on-plan-to-merge-news-corp-fox-report-3724752
Rupert Murdoch scraps plan to re-unite News Corp and Fox a decade after split: Rupert Murdoch scraps plan to re-unite News Corp and Fox a decade after split
wionews.com/business-economy/rupert-murdoch-scraps-plans-to-re-unite-news-corp-and-fox-corp-555827
Rupert Murdoch pulls plug on possible merger of News Corp. and Fox: Rupert Murdoch has pulled the plug on a proposal to bring back together his News Corp ...
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Why Rupert Murdoch’s mega-deal is dead: In Rupert Murdoch’s realm he is accustomed to being the dictator. But he didn’t get his way this time.
theage.com.au/business/companies/why-rupert-murdoch-s-mega-deal-is-dead-20230125-p5cfbn.html
‘Not optimal for shareholders’: Murdoch scraps proposed Fox-News Corp merger as he prepares to sell real-estate assets
theage.com.au/business/companies/murdoch-cans-fox-news-corp-merger-20230125-p5cfa2.html
‘Not optimal for shareholders’: Murdoch scraps proposed Fox-News Corp merger: Rupert Murdoch has abruptly halted plans for a potential merger of his two major ...
smh.com.au/business/companies/murdoch-cans-fox-news-corp-merger-20230125-p5cfa2.html
Media mogul: Murdoch withdraws proposal to merge Fox and News Corp: He wanted to unite his newspapers and TV stations under one roof and revive his media empire ...
spiegel.de/wirtschaft/unternehmen/rupert-murdoch-zieht-vorschlag-zur-fusion-von-fox-und-news-corp-zurueck-a-025cb3a0-752c-49ff-8f35-1fd50f6d698b
Rupert Murdoch has decided against reuniting his two media firms that he split up 10 years ago
qz.com/rupert-murdoch-fox-news-corp-merger-off-1850028379
Murdochs drop proposal to recombine Fox and News Corp, say not optimal: The move was widely seen as a way for Lachlan Murdoch to cement his control over the ...
business-standard.com/article/international/murdochs-drop-proposal-to-recombine-fox-and-news-corp-say-not-optimal-123012500207_1.html
Rupert Murdoch scraps proposal to combine Fox, News Corp, eyes sale of Move: The deal would have reunited the media empire Rupert Murdoch split nearly a decade ...
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Murdoch scraps merger of Fox and News Corp after investor pushback: Merger would have brought two halves of media mogul’s empire back together
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