A Fox-Time Warner Deal Would Give Murdoch New Heft in China

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By: Ronald Grover | Reuters

(Reuters) - Rupert Murdoch's plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack.

Time Warner's board rejected Murdoch's $80 billion offer, but the Fox chairman is expected to continue the chase.

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