News Corp plans to acquire Oil Price Information Service(OPIS) for $1.15bn.
The acquisition aims to benefit News Corp by growing its portfolio of publications that its investors enjoy and subscribe to.
About News Corp
News Corporation, owned by Rupert Murdoch, is a multinational mass media corporation. In addition, it owns multiple news media outlets such as HarperCollins Publishers, News UK, News Corporation Australia, and many others. Recently, it has been on a streak of mergers and acquisitions to expand its assets.
News Corp also owns media outlets such as HarperCollins Publishers, News UK, News Corporation Australia, etc. Recently, it has been on a streak of mergers and acquisitions to expand its assets.
Therefore, it has decided to buy OPIS. In addition, the procurem...
