A remarkable thing about Rupert Murdoch is that the wily media mogul makes out OK even when his plans fall apart. Despite abandoning the idea to recombine his Fox and News Corp empires, simply proposing and studying the idea helped uncover some hidden value. In any case, he’s likely try to unite them again someday anyhow.
. It would help streamline the company and crystallize its worth.
Both Fox and News Corp conceded on Tuesday that a merger wasn’t a good idea for shareholders “at this time.” It suggests that Murdoch, who tends to get his way, will eventually try again. Capital Calls - More concise insights on global finance:
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