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Search resuls for: "Dawn Chmielewski Greg Roumeliotis Anirban Sen"


2 mentions found


☆ Rupert Murdoch scraps proposal to combine Fox, News Corp, eyes Move sale
  + stars: | 2023-01-25 | by ( Dawn Chmielewski Greg Roumeliotis Anirban Sen Helen Coster | Dawn Chmielewski | Greg Roumeliotis | ) www.reuters.com   time to read: +4 min
Three sources familiar with the matter said News Corp was in talks to sell its stake in Move to CoStar for about $3 billion. The deal would have recombined the media empire Murdoch split nearly a decade ago. No offer was exchanged between News Corp and Fox Corp before merger deliberations were abandoned, according to sources familiar with the process, who said pushback from News Corp shareholders played a role in those plans being scrapped. News Corp currently has a market capitalization of about $11 billion, while Fox is valued at a shade over $17 billion. Rupert Murdoch and his family trust control about 40% of News Corp and Fox.
☆ Bloomberg owner eyes Wall Street Journal or Washington Post acquisition -report
  + stars: | 2022-12-23 | by ( Dawn Chmielewski Greg Roumeliotis Anirban Sen | Dawn Chmielewski | Greg Roumeliotis | ) www.reuters.com   time to read: +5 min
A spokesperson for the Washington Post, which Bezos bought in 2013 for $250 million, said it is not for sale. "A Bloomberg acquisition of the (Post) is not necessarily just a business decision. According to Axios, Bloomberg sees Dow Jones, also the publisher of Barron's and MarketWatch, as the ideal fit but would buy the Post if Bezos was interested in selling. Dow Jones did not immediately respond to Reuters' request for comment. Reuters competes with Dow Jones and Bloomberg News, a unit of Bloomberg L.P., a provider of financial news.
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