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News Corp shares jump over 3% in Australian market on restructuring plans

Last Updated: Wednesday, June 27, 2012, 13:55

News Corp shares listed on the Australian Securities Exchange (ASX) have climbed more than 3 percent after the international media company confirmed on Wednesday it was considering splitting its business into two separate companies.

News Corp shares rise on asset split report

Last Updated: Tuesday, June 26, 2012, 14:47

Following reports that the Murdoch-owned News Corp might be split into two, its shares have risen by 2.4 percent in Australia.