Rupert Murdoch abandons News Corp.-Fox merger after investors push back
The 91-year-old mogul had hoped to reunite the two halves of his media empire. The move would have put Fox News and the Wall Street Journal under the same roof.
Rupert Murdoch has abandoned his bid to reunite the two halves of his media empire. Facing resistance among leading investors, the 91-year-old mogul and his son Lachlan on Tuesday notified the respe… [+3258 chars]
