Rupert Murdoch scraps proposal to combine Fox, News Corp, eyes Move sale

reuters.com/business/media-telecom/rupert-murdoch-scraps-proposal-combine-fox-news-corp-2023-01-24

Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp (NWSA.O) and Fox Corp as the company is also exploring a sale of Move Inc, which operates the Realtor.com website, to CoStar Group, according to a regulatory filing and sources familiar with the process.
Three sources familiar with the matter said News Corp was in talks to sell its stake in Move to CoStar for…

This story appeared on reuters.com, 2023-01-25.
Read the Entire Internet on a Single Page. Join Now →