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21st Century Fox CEO James Murdoch today declined to address reports of ongoing sale discussions with Disney.
Asked at UBS’ annual Global Media and Communications Conference in New York City to comment about the “elephant in the room” — reports of an imminent sale — Murdoch demurred.
“It would be wrong to comment on market speculation, on what's out there in the press,” said Murdoch. “So no, there's nothing to add to that, other than the nothing that we've said so…