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Fox Corp. turned down offers of over $2B for Tubi service, Bloomberg says
The Fly

Fox Corp. turned down offers of over $2B for Tubi service, Bloomberg says

Fox Corp. turned down unsolicited offers of more than $2B for its Tubi streaming service, people familiar with the matter told Bloomberg’s Christopher Palmeri. Although the bids would represent over four times what the company paid for the business, Lachlan Murdoch, who runs Fox, wants to keep the fast-growing business, according to the report’s sources. Reference Link

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