News Corp CEO Thomson email to staff regarding Fox discussions

News Corp CEO Thomson email to staff regarding Fox discussions

News Corp. CEO Robert Thomson despatched out the subsequent to the staff on Friday:

Expensive Colleagues,

The News Corp Board, pursuing the receipt of letters from Rupert Murdoch and the Murdoch Spouse and children Believe in, has shaped a Unique Committee of impartial directors to evaluate a opportunity blend with Fox Corporation.

At News Corp, we are continually pursuing strategies to greatly enhance our efficiency and grow our organizations, and the upheaval in media offers equally troubles and chances. However, I would like to tension that the Specific Committee has not built any resolve at this time, and there can be no certainty that any transaction will outcome from its analysis.

The announcement will have no impact on our present-day operations and it is vital that we all continue to be resolutely targeted on our entire world-class publishing, information, enjoyment, intelligence and serious estate merchandise. We have had two successive a long time of file gains and so I thank you for what you have finished and for what you surely will do for the enterprise.

Today’s news will no doubt prompt considerably media protection and speculation, and it is often finest not to speculate on speculation. If you acquire any outreach from media, shareholders, consumers, or other individuals you should forward the missive to the Main Communications Officer in your location. We will make no further more formal comment right until the Specific Committee deems it correct.

Robert Thomson


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