T. Rowe Price, the largest owner of News Corp after the Murdoch family, says the deal risks undervaluing News Corp.
Category: Murdoch, Rupert
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T. Rowe Price Raises Concerns About News Corp’s Merger With Fox
The New York Times – Business: -
News Corp Investors Raise Concerns About Proposed Merger With Fox
The New York Times – Business:Concerned that a merger would undervalue News Corp, investors are asking a special committee of independent board members to look more skeptically at the proposal.
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New York Post Takes Aim at Trump, and Hits a Nerve
The New York Times – Business:The paper’s increasingly harsh coverage has gotten the news media and political worlds talking about whether the Murdoch media empire has broken permanently from the former president.
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Big Donors like Steve Schwarzman Back Away From Donald Trump
The New York Times – Business:Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.
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Murdoch’s Outlets, Including Fox News, Extend Criticism of Trump
The New York Times – Business:For a second consecutive day, the recriminations about Republicans’ unexpectedly weak Election Day performance played a prominent role on the pages and over the airwaves of Rupert Murdoch’s media properties.
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As Fox and News Corp Weigh Merger, an Activist Has Its Own Vision
The New York Times – Business:Irenic Capital Management, which has a $150 million stake in News Corp, wants the company to split up its media and real estate listings businesses.
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Fox and News Corp, After Years Apart, Explore Merger
The New York Times – Business:A union would represent an about-face for both companies, which told investors nearly a decade ago that they were better off apart.