The publishing company would hold assets including The Wall Street Journal, The New York Post and the Times of London, while the media and entertainment company would include the company’s cable channels FX, Fox News, 20th Century Fox Studios and Fox Broadcasting. HarperCollins publishing and an education division would also go to the new publishing company.
The company’s dual-share structure would not change, leaving control of both new companies in the hands of Rupert Murdoch and his family.
Shares of News Corp. closed at $26.07 last night and are inactive in premarket trading this morning. The stock’s 52-week range is $17.79 to $26.24.
The full SEC filing is available here.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.