Information Corp. CEO Robert Thomson despatched out the following to the employees on Friday:
The Information Corp Board, adhering to the receipt of letters from Rupert Murdoch and the Murdoch Household Trust, has shaped a Distinctive Committee of unbiased administrators to assess a possible mix with Fox Corporation.
At News Corp, we are continually pursuing techniques to enrich our general performance and broaden our enterprises, and the upheaval in media provides each difficulties and chances. On the other hand, I would like to worry that the Specific Committee has not created any resolve at this time, and there can be no certainty that any transaction will final result from its evaluation.
The announcement will have no effects on our present-day operations and it is very important that we all stay resolutely targeted on our planet-course publishing, information, amusement, intelligence and authentic estate solutions. We have had two successive decades of history gains and so I thank you for what you have done and for what you certainly will do for the firm.
Today’s news will no question prompt a great deal media coverage and speculation, and it is often greatest not to speculate on speculation. If you receive any outreach from media, shareholders, buyers, or other folks be sure to ahead the missive to the Main Communications Officer in your region. We will make no further more official remark till the Particular Committee deems it acceptable.