News Corp shareholder T Rowe Price raises concerns about merger with Fox - NYT
Source: Reuters
Nov 25 (Reuters) - T. Rowe Price (TROW.O), a major shareholder in News Corp (NWSA.O), said it had strong reservations about Rupert Murdoch's plan to reunite News Corp and Fox Corp (FOXA.O), The New York Times reported on Friday, making it the third investor to express dissent over the plan.T. Rowe Price told the newspaper that a merger of the two companies would probably undervalue News Corp, which it believes is…
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