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Tag Archives: rupert murdoch

News Corp. board approves split, stock buyback

LOS ANGELES — News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile ...

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News Corp. says it’s considering split in two

LOS ANGELES — Under pressure to limit contagion from the British phone hacking scandal, Rupert Murdoch’s News Corp. said Tuesday that it is considering splitting into two publicly traded companies. The move comes as Britain’s communications regulator, Ofcom, enters the ...

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