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News Corp. considers split in 2, stock jumps
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Jun 26, 2012
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<p><a href="http://news.yahoo.com/news-corp-considers-split-2-stock-jumps-173818064--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/P80EL.CfUDLjhFtdPn_Pzg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/d12daf6ceb15a911130f6a7067006789.jpg" width="130" height="86" alt="FILE- 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. Under pressure to limit contagion from the British phone hacking scandal, Rupert Murdoch's News Corp. confirmed Tuesday, June 26, 2012, that it is considering splitting into two publicly traded companies. The Wall Street Journal, News Corp.'s flagship newspaper, reported late Monday that the company is considering the separation of the newspaper and book publishing businesses from the entertainment arm, which includes Fox News Channel, broadcast TV network and 20th Century Fox movie studio. The media conglomerate did not specify Tuesday which businesses each company would contain. (AP Photo/Ross D. Franklin, Matt Dunham, File)" align="left" title="FILE- 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. Under pressure to limit contagion from the British phone hacking scandal, Rupert Murdoch's News Corp. confirmed Tuesday, June 26, 2012, that it is considering splitting into two publicly traded companies. The Wall Street Journal, News Corp.'s flagship newspaper, reported late Monday that the company is considering the separation of the newspaper and book publishing businesses from the entertainment arm, which includes Fox News Channel, broadcast TV network and 20th Century Fox movie studio. The media conglomerate did not specify Tuesday which businesses each company would contain. (AP Photo/Ross D. Franklin, Matt Dunham, File)" border="0" /></a>Rupert Murdoch's News Corp. is preparing to spin off its newspaper business into a separate company, an acknowledgement that the printed page that gave rise to a media empire will never again be central to its future.</p><br clear="all"/>
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