Contrary to what has been reported, 21st Century Fox executive chairman Lachlan Murdoch insists the company would never purchase CNN.
This comes in direct opposition to what had been reported by Reuters, citing that the younger Murdoch’s father, Rupert, had telephoned AT&T CEO Randall Stephenson twice, inquiring on whether or not CNN was for sale.
Stephenson, at the time, said, “There is absolutely no intention that we would ever sell CNN.”
At the Business Insider Ignition Conference in New York, Murdoch today said his father’s company “would never be interested” in CNN.
Categories: CNN
