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Rupert Murdoch Explores Reuniting His Media Empire by Recombining Fox and News Corp

Rupert Murdoch has proposed a recombination of Fox Corp. and News Corp, the two wings of his media empire, nearly a decade after they split, according to people familiar with the situation.

Special board committees have recently been established by both companies to study a possible deal and evaluate potential financial terms, the people said. The discussions are at an early stage, they added.

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