Touted Fox, News Corp merger to have no major local impact

News Corporation, the parent company of News Corp Australia, is planning on reuniting its Fox and News Corp businesses globally, however such a move would have no local impact according to The Sydney Morning Herald.

It is expected to remain ASX-listed in Australia, following a statement on Saturday morning that a special committee has been formed to “begin exploring a potential combination with Fox Corporation”, at the request of Rupert Murdoch and the Murdoch Family Trust.

It has been nine years since the company’s split

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