Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp (NWSA.O) and Fox Corp as the company is also exploring a sale of Move Inc, which operates the Realtor.com website, to CoStar Group, according to a regulatory filing and sources familiar with the process.
Three sources familiar with the matter said News Corp was in talks to sell its stake in Move to CoStar for about $3 billion.
Several top shareholders had publicly said they opposed the proposed Fox-News Corp combination, and on Tuesday News Corp said in a statement that it was "not optimal for shareholders of News Corp and Fox at this time."
The Guardian has won daily newspaper of the year and supplement of the year for its...
