News

Tabcorp has knocked back $3 billion offers for its wagering arm, saying they ‘do not adequately value’ the business

Australian gambling giant Tabcorp will conduct a strategic review of its holdings after rebuffing $3 billion offers for its wagering and media arm. Tabcorp’s wagering sector has reportedly drawn significant interest from outside parties looking to capitalise on Australia’s gambling habit. Tabcorp will “assess and evaluate all structural and ownership […]
Tabcorp has knocked back $3 billion offers for its wagering arm, saying they ‘do not adequately value’ the business
News

Fox CEO Lachlan Murdoch says remote staffers will continue working from home until the end of 2020, even as primetime hosts push to reopen the country

Fox Corporation CEO Lachlan Murdoch told employees on Thursday that the company anticipates that non-production staffers who are working remotely “will continue to do so for the remainder of the calendar year,” according to The Washington Post’s Jeremy Barr. Murdoch’s memo comes as popular hosts on Fox News continue pushing […]
Fox CEO Lachlan Murdoch says remote staffers will continue working from home until the end of 2020, even as primetime hosts push to reopen the country
News

Disney deal turns Murdoch’s six children into billionaires

Rupert Murdoch’s six children are set to become billionaires many times over, thanks to a $71 billion Disney deal. About $12 billion in cash and stock from the deal will be divided between Murdoch’s six children, Bloomberg reports. As a result, Murdoch’s personal net worth is expected to fall from […]
Disney deal turns Murdoch’s six children into billionaires