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News Corp Confirms It Will Split

Rupert Murdoch will chair both companies; investors celebrate

By Kevin Spak,  Newser Staff

Posted Jun 28, 2012 7:00 AM CDT

(Newser) – News Corp is confirming that the media behemoth will split in two, allowing its more profitable entertainment properties to break free of its less profitable publishing ones, reports the Wall Street Journal—which itself is on the publishing half of that divide. "We will...   Read full story »

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