News Corporation takeover bid for BSkyB early July, despite public opposition to the deal, "Government says its ready to give clearance to deal. Jeremy Hunt gives opponents one final week to raise objections. However, he has provisionally agreed to proposals that will see Sky News be spun off as an independent company to allay fears the deal would give Mr Murdoch's News Corporation too much control of the media. After the consultation ends on July 8, Mr Hunt is expected to wave the merger through once and for all. He is keen to give final confirmation by July 19 when the summer parliamentary recess begins." Several
News Corp formed by a stock split. Its notable assets include Dow Jones & Company (publisher of "The Wall Street Journal"), News UK (publisher of The Sun and The Times), News Corp Australia, Realtor.com as well as book publisher HarperCollins. On June 28, 2012, Rupert Murdoch announced that News Corporation's publishing operations would be spun off to form a new, publicly traded company. Murdoch stated that performing this split would "unlock the true value of both companies and their distinct assets, enabling investors to benefit from the separate strategic opportunities resulting from more focused management of each division." The move also came