Sunday, July 14, 2024
HomeBusinessT Rowe Price raises concerns about News Corp merger with Fox -NYT...

T Rowe Price raises concerns about News Corp merger with Fox -NYT By Reuters

Date:

Related stories

Gracie Bon: A Rising Star in the Fitness and Wellness Industry

Gracie Bon is a name that has been making...

Dimple Malhan- Personal and Professional life!!

Famous Vlogger recognised for Dimple's Kitchen YouTube channel. She...

Tips for Writing an Impactful Resume After a Long Career Break

Sometimes, it is necessary to take a career break...

Top 4 Reasons Your Business Should Have a Social Media Manager

Whether you decide to hire an in-house social media...

[ad_1]

© Reuters. FILE PHOTO: The Fox News electronic ticker is seen outside the News Corporation building in New York City, in New York, U.S., November 8, 2017. REUTERS/Shannon Stapleton/File Photo

(Reuters) – T Rowe Price (NASDAQ:), a major shareholder of News Corp (NASDAQ:), said it had strong reservations about the plans of News Corp Chairman Rupert Murdoch to combine the two parts of his media business, News Corp and Fox Corp, The New York Times reported on Friday.

T Rowe Price, which owns 12% of News Corp, told the newspaper in an interview that a merger of the two companies would probably undervalue News Corp, which it believes is trading for less than it is worth.

[ad_2]

Source link

See also  How to make your book a Bestseller?
Bellie Brown
Bellie Brownhttps://businesstimes.org
Hi my lovely readers, I am Bellie brown editor and writer of Businesstimes.org. I write blogs on various niches such as business, technology, lifestyle., health, entertainment, etc as well as manage the daily reports of the website. I am very addicted to my work which makes me keen on reading and writing on the very latest and trending topics. One can check my more writings by visiting Cleartips.net

Latest stories