Rupert Murdoch calls off proposed Fox-News Corp merger

[FakeNoose]

11. They probably wanted to merge them so they could lay people off

That's what usually happens after a merger. What does this mean ... "not optimal for shareholders"?

As long as the corporation makes a profit, the shareholders are usually happy. It's hard to believe they'd be against this. As usual, the Murdochs are trying to pull a fast one on somebody, we just don't know who.