Rupert Murdoch ditches plan to merge Fox and News Corp
The media tycoon has withdrawn his proposal, saying it is "not optimal" for shareholders at this time.
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Rupert Murdoch ditches plan to merge Fox and News Corp
BBC News
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Murdoch abandons bid to reunite News Corp and Fox Corp
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A proposed reunion of two parts of Rupert Murdoch's empire has been abandoned by the media tycoon.