Information Corp. CEO Robert Thomson sent out the subsequent to the personnel on Friday:
The News Corp Board, adhering to the receipt of letters from Rupert Murdoch and the Murdoch Spouse and children Have faith in, has shaped a Unique Committee of independent administrators to assess a probable mixture with Fox Company.
At News Corp, we are consistently pursuing techniques to greatly enhance our performance and develop our enterprises, and the upheaval in media presents each issues and options. Even so, I would like to stress that the Distinctive Committee has not designed any perseverance at this time, and there can be no certainty that any transaction will consequence from its analysis.
The announcement will have no impact on our present-day operations and it is critical that we all stay resolutely targeted on our earth-class publishing, news, entertainment, intelligence and authentic estate products. We have experienced two successive many years of file revenue and so I thank you for what you have completed and for what you undoubtedly will do for the firm.
Today’s information will no question prompt a great deal media protection and speculation, and it is constantly greatest not to speculate on speculation. If you get any outreach from media, shareholders, customers, or other folks you should ahead the missive to the Main Communications Officer in your location. We will make no more formal comment right up until the Exclusive Committee deems it ideal.