News Corp CEO Thomson email to staff regarding Fox discussions

Edna B. Shearer

Information Corp. CEO Robert Thomson despatched out the adhering to to the staff members on Friday:

Dear Colleagues,

The Information Corp Board, pursuing the receipt of letters from Rupert Murdoch and the Murdoch Relatives Belief, has formed a Distinctive Committee of impartial directors to assess a likely mixture with Fox Corporation.

At Information Corp, we are continuously pursuing means to improve our functionality and extend our enterprises, and the upheaval in media offers both of those problems and prospects. On the other hand, I would like to stress that the Exclusive Committee has not built any determination at this time, and there can be no certainty that any transaction will final result from its analysis.

The announcement will have no affect on our existing operations and it is very important that we all continue being resolutely focused on our globe-course publishing, news, leisure, intelligence and authentic estate goods. We have had two successive many years of history income and so I thank you for what you have completed and for what you definitely will do for the firm.

Today’s news will no question prompt substantially media protection and speculation, and it is usually finest not to speculate on speculation. If you get any outreach from media, shareholders, clients, or many others please ahead the missive to the Chief Communications Officer in your area. We will make no even more formal remark right until the Distinctive Committee deems it acceptable.

Robert Thomson

 

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