The Murdochs and shareholders are bracing to hear from independent committees set up to assess the blockbuster $US27 billion ($39.2 billion) proposal to reunite News Corp with US-entertainment company Fox via a merger.
The two committees composed of independent board members from News Corp and Fox have been analysing the merits of Rupert and Lachlan Murdoch’s plan to recombine the family’s sprawling media assets under one umbrella since October.
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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
