Rupert Murdoch has scrapped plans to re-unite News Corp and Fox Corp, according to a regulatory filing on Tuesday. The development suggests that he and his son Lachlan Murdoch, Fox Corp's head, probably realised that a combination of the companies was "not optimal" for the shareholders.

Rupert Murdoch scraps plan to re-unite News Corp and Fox a decade after split

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Rupert Murdoch scraps plan to re-unite News Corp and Fox a decade after split