Murdoch, Announcing News Corp. Split, Calls Newspapers Viable and Undervalued – New York Times Blogs
11:39 a.m. | Updated Rupert Murdoch confirmed Thursday morning that News Corporation, his $54 billion media conglomerate, will proceed with a plan to divide the company in two separating newspapers like The Wall Street Journal, The New York …

K-V Pharmaceutical Company Announces Notification from NYSE Regarding Listing Criteria – Yahoo Finance
ST. LOUIS, June 29, 2012 /PRNewswire/ — K-V Pharmaceutical Company (NYSE: KVa/ KVb) (“the Company”) today announced that on June 26, 2012 it was notified by the New York Stock Exchange Regulation, Inc., that its Class A common shares is below …

Rupert Murdoch says News Corp. split in two will unlock value – Los Angeles Times
News Corp.’s decision to split its publishing and entertainment businesses into separate companies is an acknowledgment that newspapers the foundation on which the $53-billion media empire was built are a drag on the company’s performance.

Murdoch’s News Corp spinoff will be born with silver spoon – Reuters
June 29 (IFR) – Rarely does a company get spun off in the generous manner that News Corp is considering for its publishing business. Rupert Murdoch, chairman and CEO of News Corp, announced it will pursue plans to hive off its newspaper and book …

AOL Promotes CFO Minson to COO to Reorganize Company – Bloomberg
The company bought the Huffington Post for $315 million last year and invested as much as $300 million in Patch, a local-news division that Armstrong sees commanding about $50 million in sales this year. Minson will reorganize the company s …