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Appeasing investors, Murdoch moves to split empire

Reported by Firstpost on Tuesday, 26 June 2012 (on June 26, 2012)
Firstpost
NEW YORK/LONDON (Reuters) - Rupert Murdoch's News Corp ( NWSA.O ) took a major step in satisfying shareholders' concerns for a more growth-focused business with a plan to separate its publishing and entertainment assets, but an uncertain management structure for the two proposed companies raises new questions about a succession plan at the family-controlled media empire.

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