Irenic Sends Letter to News Corp’s Special Committee Regarding the Need to Explore Value-Maximizing Alternatives to a Combination with Fox
We would be happy to own these businesses for a long time, and we believe most News Corp shareholders think the same.
- We would be happy to own these businesses for a long time, and we believe most News Corp shareholders think the same.
- As Mr. Thomson put it just this August:
The News Corporation of 9 years ago is not the News Corporation of now. - We have no doubt that the majority of News Corps unaffiliated shareholders, including Irenic, will vote against any deal that undervalues the Company.
- We hope this letter and accompanying analysis facilitates productive engagement between the Special Committee and the shareholders that it serves.