News Corp. board approves company split | Inquirer News

News Corp. board approves company split

/ 10:48 AM June 28, 2012

NEW YORK— The Wall Street Journal is reporting that the board of directors at Rupert Murdoch’s News Corp. has approved a plan that calls for splitting its newspaper business and entertainment operations into two separate companies.

This combination of Associated Press file photos show a Fox Sports logo, left, and a person holding a copy of a Wall Street Journal, right. AP/Ross D. Franklin, Matt Dunham, File

The Journal, which is News Corp.’s flagship newspaper, cited a person familiar with the situation saying the board voted unanimously to approve the plan, which is expected to be announced early Thursday.


News Corp. spokeswoman Julie Henderson had no comment on the report.


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TAGS: News Corp., newspaper business, Rupert Murdoch, Wall Street Journal
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