News Corp. Split Decision Expected By Thursday

06/27/2012 07:23 am ET | Updated Aug 27, 2012
  • By JOHN JANNARONE wsj.com

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.

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