Information Corp. CEO Robert Thomson despatched out the pursuing to the employees on Friday:
The Information Corp Board, next the receipt of letters from Rupert Murdoch and the Murdoch Spouse and children Believe in, has fashioned a Unique Committee of impartial administrators to evaluate a potential blend with Fox Company.
At Information Corp, we are frequently pursuing ways to increase our functionality and expand our businesses, and the upheaval in media presents both of those difficulties and possibilities. Having said that, I would like to stress that the Particular Committee has not created any dedication at this time, and there can be no certainty that any transaction will final result from its evaluation.
The announcement will have no impact on our latest functions and it is vital that we all continue being resolutely targeted on our planet-course publishing, news, entertainment, intelligence and actual estate products and solutions. We have experienced two successive years of history income and so I thank you for what you have completed and for what you certainly will do for the firm.
Today’s information will no question prompt significantly media coverage and speculation, and it is constantly greatest not to speculate on speculation. If you acquire any outreach from media, shareholders, shoppers, or many others you should ahead the missive to the Main Communications Officer in your region. We will make no even more official comment until eventually the Exclusive Committee deems it appropriate.