- News Corp (NWSA, $16.36) shares surged higher following a statement from media mogul Rupert Murdoch which suggested he would re-combine his print media division with Fox Corp (FOXA, $28.58), ten years after he decided to separate them.
- Early Monday trading saw News Corp shares rise 7.8% to trade at $16.66 per share, while Fox Corp shares slid 6.6% to $29.49 per share.
- Murdoch stated that "special committees" have been established by the two media companies to "thoroughly explore a hypothetical combination," but noted that no deal could be anticipated and provided no timeframe for making a choice.