, Columnist
Fox's $25 Billion Reason to Break Up
Selling a chunk of assets including the movie studio could unlock a lot of value.
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What does the fox say? I'm still not sure. But I do know what Fox sees: a lot of money hiding, to the tune of $25 billion.
Earlier this week came shocking news that the Murdoch media magnates had discussed selling a majority of 21st Century Fox Inc.'s assets to Walt Disney Co. -- yes, to the owner of ABC News and the increasingly politicized ESPN, of all places. The talks didn't include Fox News, though, and a deal is said to be off the table ... well, for now at least.