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Former Speaker of the House Paul Ryan joins board of Fox Corporation
New York (CNN Business)Former Speaker of the House Paul Ryan is joining the board of the newly slimmed-down Fox Corporation, the parent company of Fox News.
Ryan's and three other board of directors were appointed on Tuesday. It was a necessary step as the Murdoch family wraps up the Disney-Fox deal.
Disney is acquiring most of 21st Century Fox, including its movie studio and entertainment cable channels. The deal will officially close at 12:02 a.m. ET on Wednesday.
The parts of Fox that aren't being acquired by Disney are forming a new company, simply called Fox, that will be run by Rupert Murdoch's son Lachlan Murdoch.
Ryan's and three other board of directors were appointed on Tuesday. It was a necessary step as the Murdoch family wraps up the Disney-Fox deal.
Disney is acquiring most of 21st Century Fox, including its movie studio and entertainment cable channels. The deal will officially close at 12:02 a.m. ET on Wednesday.
The parts of Fox that aren't being acquired by Disney are forming a new company, simply called Fox, that will be run by Rupert Murdoch's son Lachlan Murdoch.
https://www.cnn.com/2019/03/19/media/paul-ryan-fox-corporation/index.html
5 replies
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= new reply since forum marked as read
This deal was done before Ryan left Congress and now he can just "get paid". 
