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Los Angeles Times
Los Angeles Times
Business
Anousha Sakoui, Stephen Battaglio

Murdoch moves to reunite companies that own Fox News and the Wall Street Journal

Three years after selling much of 21st Century Fox to Walt Disney, Rupert Murdoch is exploring reuniting his U.S news companies, bringing titles like the Wall Street Journal and Fox News under one umbrella.

News Corp., owner of the Journal and the New York Post, and Fox Corporation — which was spun off after Murdoch’s $52.4-billion deal with Disney in 2017 — said they had formed a special committee to explore a combination.

In 2013, Murdoch divided his media holdings into two separate companies: News Corp., a publishing group that includes the New York Post and the Journal; and 21st Century Fox, former owner of 20th Century Fox.

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