Big Shareholder Signals Opposition to News Corp-Fox Combination
A major outside shareholder in
News Corp
NWSA 2.00%
and
Fox Corp.
FOX 0.97%
opposes a plan by
Rupert Murdoch
to recombine the companies and wants other alternatives considered, including a breakup of News Corp.Independent Franchise Partners, a London-based investment firm and one of the largest non-Murdoch holders of both News Corp and Fox, said it told a special committee of News Corp’s…