Murdoch abandons bid to reunite News Corp and Fox Corp

A proposed reunion of two parts of Rupert Murdoch’s empire has been abandoned by the media tycoon.

The 91-year old and his son Lachlan had floated the idea of bringing together News Corp, the US company behind the Wall Street Journal, Harper Collins and The Times newspaper, and Fox News owner Fox Corp.

The two companies were split in 2013
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