Big shareholder signals opposition to News Corp-Fox combination

  • mint--Livemint
  • published date: 2022-11-24 14:13:28 UTC

Independent Franchise Partners, one of largest non-Murdoch holders of both companies, says combination on its own would fail to realize full value of News Corp

A major outside shareholder in News Corp and Fox Corp. opposes a plan by Rupert Murdoch to recombine the companies and wants other alternatives considered, including a breakup of News Corp. Independe… [+5716 chars]