News Corp CEO Thomson email to staff regarding Fox discussions
Information Corp. CEO Robert Thomson despatched out the pursuing to the workers on Friday:
Expensive Colleagues,
The Information Corp Board, pursuing the receipt of letters from Rupert Murdoch and the Murdoch Family members Have faith in, has formed a Special Committee of independent directors to assess a possible combination with Fox Corporation.
At News Corp, we are constantly pursuing means to enrich our general performance and expand our firms, and the upheaval in media provides both troubles and prospects. On the other hand, I would like to pressure that the Unique Committee has not manufactured any willpower at this time, and there can be no certainty that any transaction will outcome from its evaluation.
The announcement will have no effect on our latest operations and it is very important that we all continue being resolutely targeted on our environment-class publishing, news, enjoyment, intelligence and genuine estate merchandise. We have experienced two successive many years of document profits and so I thank you for what you have done and for what you certainly will do for the organization.
Today’s news will no question prompt a great deal media coverage and speculation, and it is often very best not to speculate on speculation. If you get any outreach from media, shareholders, consumers, or some others please ahead the missive to the Chief Communications Officer in your area. We will make no more formal comment until eventually the Special Committee deems it proper.
Robert Thomson