Fox Reportedly in Talks With Blackstone to Launch Joint Bid for Tribune Media

Rupert Murdoch’s 21st Century Fox is in talks with private equity firm Blackstone to launch a bid to acquire Tribune Media, according to a report in the Financial Times on Sunday evening. Per the report, which cites two sources familiar with negotiations, Fox and Blackstone would form a joint venture to acquire the conglomerate. According... Read more » Alex Stedman