The Guardian reported that News Corp. withdrew its promise to spin off Sky News as a separately listed publicly-traded company, a conditional part of their previously negotiated takeover deal.
Among the largest underlying components of GWX, in trading today Corus Entertainment, Inc. ( Toronto: CJR-B) is up about 0.7%, Dundee Corp ( Toronto: DC-A) is up about 0.7%, and Guardian Capital Group Ltd. ( Toronto: GCG-A) is up by about 1.7%.