Starboard proposes that News Corp eliminates dual-class shares
WEBSept 9 (Reuters) - Hedge fund Starboard Value confirmed on Monday it had filed a shareholder resolution to eliminate the dual-class share structure that allows Rupert Murdoch to control News Corp...
Starboard Submits Proposal for News Corp Stockholder Vote on …
WEB1 day ago · The activist investor has submitted a non-binding business proposal for consideration to News Corp stockholders that are entitled to vote at the company’s upcoming 2024 annual stockholders ...
Exclusive: Starboard files proposal at News Corp, seeks to break ...
WEBNEW YORK, Sept 6 (Reuters) - Hedge fund Starboard Value has filed a shareholder resolution to do away with the dual-class shares that allow Rupert Murdoch to control News Corp (NWSA.O), the...
Hedge Fund Pushes for End of Murdochs’ Control at News Corp
WEBSep 9, 2024 · The Murdochs own a 14 percent economic stake in News Corp, the parent company of The Wall Street Journal, but control 41 percent of votes at the company through special shares. Starboard owns...
Starboard files proposal at News Corp, seeks to break Murdoch's …
WEBSep 6, 2024 · NEW YORK (Reuters) - Hedge fund Starboard Value has filed a shareholder resolution to do away with the dual-class shares that allow Rupert Murdoch to control News Corp, the publisher of the...
News Corp break-up would unlock $7bn in value, says activist Starboard
WEBOct 17, 2023 · Starboard Value has built a stake in News Corp and is pushing for billionaire owner Rupert Murdoch to break up the company, as legacy media groups face mounting pressure from shareholders to...
Starboard Pushes to End News Corp.’s Dual-Class Structure
WEBSep 9, 2024 · Starboard Value LP is pushing News Corp. to eliminate its dual-class share structure and is prepared to take further action against the media company if it refuses to engage.
Starboard Calls on News Corp to Scrap Dual-Class Share Structure
WEBSep 9, 2024 · Activist investor Starboard Value said News Corp should eliminate its dual-class share structure, saying it gives too much influence to the family of Rupert Murdoch.
Exclusive: Activist hedge fund Starboard eyes Rupert Murdoch's News Corp
WEBOct 13 (Reuters) - Starboard Value, the activist hedge fund run by Jeffrey Smith, has bought shares of News Corp (NWSA.O), according to people familiar with the matter, a move that could...
Activist Builds News Corp Stake, Plans to Seek Changes
WEBOct 15, 2023 · Starboard Value has built a stake in News Corp NWSA -3.20% and the activist shareholder plans to push for strategic and governance changes at the Wall Street Journal parent.