From The Motley Fool
By Sarfaraz A. Khan
Research Assistant: G. Yousuf
By Sarfaraz A. Khan
Research Assistant: G. Yousuf
Earlier this month, News Corp’s (NASDAQ: NWSA) investors formally approved the separation of the company's publishing and entertainment business. A separate corporate entity comprising the publishing unit will be created and the entertainment unit, consisting of film and television operations, will be renamed. The two companies will begin their separate trading from July 1.
The two companies
Last month, News Corp’s board approved the separation of businesses into two distinct companies, one focusing on the newspaper and book-publication business, including Dow Jones Newswires, New York Post, HarperCollins,The Wall Street Journal and
