Murdoch seeks to reassure on Time Warner bid
CEO Jeffrey Bewkes said Time Warner was big enough to stay independent. He made it clear that he was not a fan of mega-mergers just for the sake of scale.
View ArticleMurdoch's 21st Century Fox selling stakes in two satellite TV firms
In a deal that enables Rupert Murdoch to amass a bigger war chest, 21st Century Fox Inc. is selling its stakes in two European satellite TV companies for $9.3 billion.
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