Rupert Murdoch’s succession plan for his media company remains intact after being challenged by a major shareholder.
Shareholders of the media conglomerate rejected a proposal by an activist investor to end News Corp’s dual-class share ...
Activist investor Starboard Value argued in a letter to fellow shareholders that the share structure of the company gave the ...
News Corp shareholders have been asked to vote on whether the company’s dual-class share structure should be collapsed this ...
News Corp. has defeated a shareholder proposal to adopt a recapitalization plan that would eliminate News Corp’s dual-class ...
Dual-class shareholding structures are the antithesis of shareholder democracy – more of a corporate version of a gerrymander ...
A year after winning the succession battle to run his father’s media empire, Lachlan Murdoch faces a crunch meeting as ...
The final voting results were unavailable from News Corp., but will be reported in an SEC 8-K filing to be made public. The proposal’s defeat beats back a major challenge to Rupert Murdoch’s ...
Rupert Murdoch wants to change a trust which gives four of his children control of the shareholding in News Corp so that his ...
News Corp said on Wednesday that investors rejected a proposal by activist investor Starboard Value to break the Murdoch ...
News Corp, controlled by the Murdoch family, said the nonbinding proposal from Starboard Value had been “convincingly” ...
Add articles to your saved list and come back to them any time. Rupert Murdoch’s News Corp said a proposal to eliminate the dual-class share structure that allows his family to effectively ...