Stock Market News

T Rowe Price raises concerns about News Corp merger with Fox -NYT

2022.11.25 20:55

[ad_1]


© Reuters. FILE PHOTO: The Fox News electronic ticker is seen outside the News Corporation building in New York City, in New York, U.S., November 8, 2017. REUTERS/Shannon Stapleton/File Photo

(Reuters) – T Rowe Price (NASDAQ:), a major shareholder of News Corp (NASDAQ:), said it had strong reservations about the plans of News Corp Chairman Rupert Murdoch to combine the two parts of his media business, News Corp and Fox Corp, The New York Times reported on Friday.

T Rowe Price, which owns 12% of News Corp, told the newspaper in an interview that a merger of the two companies would probably undervalue News Corp, which it believes is trading for less than it is worth.

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 82,855.20 1.23%
ethereum
Ethereum (ETH) $ 1,935.69 0.43%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.29 1.89%
bnb
BNB (BNB) $ 627.13 1.11%
solana
Solana (SOL) $ 125.65 1.67%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.705018 1.71%
dogecoin
Dogecoin (DOGE) $ 0.168503 2.60%
tron
TRON (TRX) $ 0.241098 8.90%
staked-ether
Lido Staked Ether (STETH) $ 1,934.80 0.50%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 82,672.15 1.24%
leo-token
LEO Token (LEO) $ 9.78 0.07%
chainlink
Chainlink (LINK) $ 13.96 0.64%
the-open-network
Toncoin (TON) $ 3.59 4.13%
usds
USDS (USDS) $ 1.00 0.00%
stellar
Stellar (XLM) $ 0.27526 1.25%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,315.63 0.53%
hedera-hashgraph
Hedera (HBAR) $ 0.189784 0.44%
pi-network
Pi Network (PI) $ 1.16 13.00%
avalanche-2
Avalanche (AVAX) $ 19.08 1.05%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 2.56%
sui
Sui (SUI) $ 2.29 3.60%
mantra-dao
MANTRA (OM) $ 7.03 0.27%
litecoin
Litecoin (LTC) $ 90.44 1.74%
polkadot
Polkadot (DOT) $ 4.49 3.04%
bitcoin-cash
Bitcoin Cash (BCH) $ 335.34 0.35%
bitget-token
Bitget Token (BGB) $ 4.61 3.62%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.01%
weth
WETH (WETH) $ 1,935.70 0.35%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.24%
hyperliquid
Hyperliquid (HYPE) $ 14.27 8.21%
whitebit
WhiteBIT Coin (WBT) $ 28.19 0.94%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,056.96 0.51%
monero
Monero (XMR) $ 209.06 1.28%
uniswap
Uniswap (UNI) $ 6.40 1.44%
susds
sUSDS (SUSDS) $ 1.05 0.07%
aptos
Aptos (APT) $ 5.41 1.61%
okb
OKB (OKB) $ 53.74 5.24%
dai
Dai (DAI) $ 1.00 0.01%
near
NEAR Protocol (NEAR) $ 2.59 2.07%
pepe
Pepe (PEPE) $ 0.000007 1.21%
internet-computer
Internet Computer (ICP) $ 5.83 1.11%
mantle
Mantle (MNT) $ 0.814335 0.05%
gatechain-token
Gate (GT) $ 21.92 0.79%
ethereum-classic
Ethereum Classic (ETC) $ 17.77 0.22%
ondo-finance
Ondo (ONDO) $ 0.847338 1.62%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.92 1.98%
aave
Aave (AAVE) $ 171.24 2.09%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 82,803.19 1.37%