Huffpost Media

News Corp. Split Decision Expected By Thursday

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MURDOCH
AP

News Corp.'s board is set to decide Wednesday whether to proceed with a split of the media conglomerate into two companies, carving the bigger and more profitable entertainment businesses from the newspapers.

If the board approves the split, News Corp. is expected to announce the restructuring Thursday morning, said a person familiar with the situation.

Read the whole story at wsj.com