News Corp.'s Murdoch Said to Consider Splitting CompanyQuicklink submitted by Sheila Samples Permalink
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|News Corp. (NWS) is considering breaking up the company into two publicly held entities after a phone- hacking scandal at its U.K. newspapers increased pressure to cordon off the publishing business. Murdoch is contemplating the breakup -- a move some investors have sought for years -- after a hacking scandal threatened the company's holdings in satellite-TV company British Sky Broadcasting Group. News Corp. has hired Goldman Sachs Group Inc. for financial advice on the plan.|
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