21st Century Fox Keeps its Eye on Media Breakup M&A Game

The split-'em-up, merge-'em-next media M&A world keeps turning this week, with the latest potential candidate on the block being Starz.
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The split-'em-up, merge-'em-next media M&A world keeps turning this week, with the latest potential candidate on the block being Starz. According to The Los Angeles Times, Starz, which separated from John Malone's Liberty Media in a 2013 spin-off, met with 21st Century Fox execs in L.A. to talk about a potential deal that would catapult Starz' value into the billions. With 21st Century Fox stock looking sluggish, and Rupert Murdoch having already missed out on one big M&A transaction, the cable network may be the right size for a deal. Where that leaves Time Warner, a previous Murdoch target, remains to be seen.