Fox Corp forms special committee to explore potential combination with News Corp

Fox Corp

Special committee of independent board members formed to evaluate a potential combination with News Corp (NWS, NWSA).
Committee will consult with independent financial and legal advisors; no determination made yet.
The exploration follows letters from K. Rupert Murdoch and the Murdoch Family Trust.
No certainty that a transaction will occur; company will not comment further unless appropriate.

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