The Traderszone Network

Published in TZ Latest News 23 July, 2014 by The TZ Newswire Staff

Carey pressured from both sides of Fox Time Warner deal to stay in job

LOS ANGELES/NEW YORK (Reuters) – Chase Carey, Twenty-First Century Fox’s president and chief operating officer, may be feeling pressure to stay in his job for several more years both from his boss, Rupert Murdoch, and from the company Murdoch is trying to buy, Time Warner Inc. As Murdoch mulls his next step following Time Warner’s rejection of his $80 billion offer, some Time Warner investors say they are concerned about who might succeed the 83-year-old chairman and chief executive.

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