Murdoch scraps merger of Fox and News Corp after investor pushback

Ticker: Murdoch pulls plug on News Corp., Fox merger; Bieber sells rights to early catalog

Rupert Murdoch has pulled the plug on a proposal to bring back together his News Corp. and Fox Corp., saying the merger isn’t coming at the right time for shareholders. In similar statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan. “Mr. Murdoch indicated that he and (son and Fox Corp. chief executive) Lachlan K. Murdoch have determined that a combination is not optimal for shareholders of News …

Murdoch pulls plug on possible merger of News Corp., Fox

In statements Tuesday, the companies said their boards received letters from Rupert Murdoch withdrawing the plan.

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. and Fox Corp., saying the merger isn’t coming at the right time for shareholders. In similar statements Tuesday, the companies said their boards received letters from Murdoch withdrawing the plan. “Mr. Murdoch indicated that he and (son and Fox Corp. chief executive) Lachlan K. Murdoch have determined that a combination is not optimal for share…

Rupert Murdoch calls off proposed News Corp-Fox merger

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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., saying the merger isn't coming at the right time for shareholders.

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.