News Corp CEO Thomson email to staff regarding Fox discussions

Marty Batteen

Information Corp. CEO Robert Thomson sent out the pursuing to the workers on Friday:

Dear Colleagues,

The Information Corp Board, subsequent the receipt of letters from Rupert Murdoch and the Murdoch Family members Have confidence in, has formed a Exclusive Committee of unbiased administrators to assess a probable blend with Fox Company.

At Information Corp, we are regularly pursuing means to greatly enhance our efficiency and expand our companies, and the upheaval in media provides equally worries and opportunities. Having said that, I would like to tension that the Special Committee has not built any perseverance at this time, and there can be no certainty that any transaction will end result from its analysis.

The announcement will have no impression on our present-day functions and it is vital that we all continue being resolutely centered on our entire world-course publishing, information, amusement, intelligence and real estate products and solutions. We have experienced two successive a long time of document revenue and so I thank you for what you have completed and for what you undoubtedly will do for the corporation.

Today’s information will no doubt prompt a great deal media coverage and speculation, and it is constantly ideal not to speculate on speculation. If you get any outreach from media, shareholders, consumers, or other individuals be sure to forward the missive to the Chief Communications Officer in your area. We will make no even further formal remark right until the Specific Committee deems it acceptable.

Robert Thomson

 

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