News Corp shareholder T Rowe Price raises concerns over Fox merger – NYT

Saturday, 26 November 2022, 04:08:49
T. Rowe Price, a major shareholder in News Corp, said it had strong reservations about Rupert Murdoch’s plan to reunite News Corp and Fox Corp, The New York Times reported on Friday, joining other investors in dissent over the plan. T. Rowe Price told the newspaper that a merger of the two companies would probably […]
— Financial Post

News Corp shareholder T Rowe Price raises concerns about merger with Fox – NYT

Saturday, 26 November 2022, 03:00:43
T. Rowe Price , a major shareholder in News Corp , said it had strong reservations about Rupert Murdoch”s plan to reunite News Corp and Fox Corp , The New York Times reported on Friday, making it the third investor to express dissent over the plan.
— Reuters

Shareholder Opposition Signals Doom for News Corp./Fox Merger

Thursday, 24 November 2022, 08:47:57
A London-based investment firm, Independent Franchise Partners, is the latest shareholder to oppose the proposed reunion of news companies, News Corp. (NASDAQ:NWSA) (NASDAQ:NWS) and Fox Corp. (NASDAQ:FOXA) (NASDAQ:FOX). Independent Franchise Partners is one of the largest shareholders in both entities after the Murdoch family, which has 40% of the voting rights of both companies. The firm owns roughly 7% of NWSA Class A shares and 6.6% of NWS Class B shares. Similarly, the firm also owns nearly 6% of FOXA Class A shares. The growing investor dismissal reduces the chances of Rupert Murdoch”s proposed re-combination of News Corp. and Fox Corp.
— TipRanks

News Corp-Fox merger plan opposed by big shareholder

Wednesday, 23 November 2022, 17:58:31
A major investor in News Corp and Fox Corp, Independent Franchise Partners, said on Wednesday it opposes Rupert Murdoch’s plan to recombine the companies, raising a potential obstacle to the mogul’s desire to reunite the media empire he separated nearly a decade ago. The London-based investment firm told a special committee of News Corp’s board […]
— Financial Post

Large holder of Fox and News Corp. said to oppose potential combination (NASDAQ:FOXA)

Wednesday, 23 November 2022, 14:22:09
A large shareholder of News Corp. (NWSA) and Fox (FOXA) is said to be a against a plan by Rupert Murdoch to recombine the media giants. Independent Franchise Partners, a London-based…
— Seeking Alpha