Has Rupert Murdoch actually given up on his legacy deal?
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News Corporation and News Corporation - What Would It Look Like?
Shares of Fox News parent Fox Corp hit their lowest level since January 2021, Monday morning. Shares of News Corp were on course for their best day in nearly two years. There's going to be some major blowback, big personalities and big, you know, wigs in the media world, learning they're going to be back in bed with Fox News. Now, there was no flesh on the bones of the proposal at all - just a couple of lines about exploring the potential for a merger.
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