Reuters: Regulatory News: News Corp files with US regulators to split company

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

News Corp files with US regulators to split company Dec 21st 2012, 12:02 Fri Dec 21, 2012 7:02am EST Dec 21 (Reuters) - Rupert Murdoch's News Corp formally applied to the U.S. Securities and Exchange Commission to separate its businesses into two independent, publicly traded companies. News Corp said in June that it would separate its publishing and entertainment assets after shareholders pressed it to get rid of its troubled newspaper business. A phone hacking scandal hit the company's British newspapers earlier this year, forcing it to drop its proposed purchase of pay-TV group BSkyB. The filing starts a process of providing details about the two new companies and the manner in which they will be separated, News Corp said in a statement.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions