If 21st Century Fox breaks up, James Murdoch may move on - News Summed Up

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If 21st Century Fox breaks up, James Murdoch may move on


LONDON—For James Murdoch, chief executive officer of 21st Century Fox Inc., a surge in interest from potential acquirers may lay the groundwork for a career reset. If Fox sold the entertainment businesses and kept the news channel, James Murdoch would consider parting ways with the company, the person said, asking not to be identified discussing private conversations. James and Rupert Murdoch declined to comment through a spokeswoman. Rupert Murdoch would happily maintain his hold on Fox News, the Fox broadcast network and perhaps sports channels, depending on the deal, people familiar with the matter said last week. Steven Cahall, an analyst at RBC Capital Markets, valued the assets Disney sought at more than $20 billion (U.S.).


Source: thestar November 20, 2017 19:07 UTC



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