News Corp CEO Thomson email to staff regarding Fox discussions
Information Corp. CEO Robert Thomson sent out the pursuing to the workers on Friday:
The News Corp Board, following the receipt of letters from Rupert Murdoch and the Murdoch Relatives Rely on, has fashioned a Unique Committee of independent directors to evaluate a opportunity mix with Fox Corporation.
At News Corp, we are frequently pursuing methods to greatly enhance our performance and extend our companies, and the upheaval in media provides each issues and opportunities. Nevertheless, I would like to worry that the Unique Committee has not designed any dedication at this time, and there can be no certainty that any transaction will consequence from its analysis.
The announcement will have no effect on our existing functions and it is very important that we all continue being resolutely focused on our environment-class publishing, news, amusement, intelligence and true estate goods. We have had two successive a long time of file earnings and so I thank you for what you have carried out and for what you surely will do for the firm.
Today’s information will no question prompt much media coverage and speculation, and it is usually very best not to speculate on speculation. If you receive any outreach from media, shareholders, customers, or other individuals remember to ahead the missive to the Chief Communications Officer in your region. We will make no further official remark right up until the Exclusive Committee deems it acceptable.