Street Cheers Possible News Corp. Split
Posted on June 26, 2012 at 11:04 AM EDT
News Corporation (NWSA) is considering a plan to split into two separate publicly traded companies, separating its film and TV business from its publishing business. Investors are clearly enthused by the plan; shares are up 6.3% in morning trading. After a Wall Street Journal article about the plan, the company confirmed the possibility in a [...]