News Corp soothes US move critics
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Australia&#39;s News Corp has adopted corporate reforms aimed at soothing critics of its planned move to the US. The media giant, owner of Fox TV in the US, and the Times and Sun newspapers in the UK, promised not to issue new shares with extra voting rights.
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News Corporation shareholders have approved the company&#39;s decision to move its headquarters from Australia to United States. At a extraordinary meeting in Adelaide, more than 90% of shareholders voted to support
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LIBERTY Media&#39;s move last week to grab up to 17.1 per cent of News Corporation voting stock has prompted the launch of a defensive shareholder rights plan.
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RUPERT Murdoch has to win four key votes to shift The News Corporation Ltd to New York and into the S&amp;P 500 share index. The votes of the Australian institutions - where the greatest opposition to the move resides - are critical in only one of the four.
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Media group News Corp. Ltd. has offered an olive branch to investors opposed to it moving its main share listing to the United States, telling them it is considering moves to enhance shareholder rights.
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Rupert Murdoch is expected to turn on  the charm on Monday to reassure the family that controls Dow  Jones & Co. Inc. that his $5 billion offer for the company will  not undermine its flagship newspaper, The Wall Street Journal.
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ELEANOR HALL: For the second time in less than a year, News Corporation boss, Rupert Murdoch, has modified his plans to stave off the anger of Australian institutional shareholders.
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The proposed transfer of News Corporation&#39;s domicile and primary listing to the US is almost certainly in the long-term interests of the group and its major shareholders, the Murdoch family.
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Rupert Murdoch&#39;s global media conglomerate News Corp. took another step away from its Australian roots Tuesday when shareholders approved a measure to shift its main share listing to the New York Stock Exchange
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The move is an important step toward a purchase by the News Corporation of The Wall Street Journalâs owner, Dow Jones.
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THE News Corporation Inc&#39;s first day as a US-based company has been overshadowed by a share raid by billionaire John Malone, renewing speculation about future control of the media giant.
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MEDIA baron Rupert Murdoch has won his battle to move the corporate headquarters of his Australia-based media empire, News Corp, to the United States.
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Rupert Murdoch is expected to turn on the charm Monday to reassure the family that controls Dow Jones & Co. Inc.  that his $5 billion offer for the company won't undermine its flagship newspaper, The Wall Street Journal.
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SYDNEY News Corp. on Thursday agreed to measures that would limit the Murdoch family&#39;s control over the media company to win the support of investor groups who had threatened to oppose the company&#39;s plan to move to the United States.
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As a day-to-day business, Dow Jones under News Corp. may not be all that different. Here's why.
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News Corp. said on Monday it was  "optimistic" over reaching a deal to buy back or swap Liberty  Media's shares in the company.
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Rupert Murdoch is normally courteous to his shareholders, but they were reminded of their irrelevance at yesterday&#39;s News Corp annual meeting: proxy votes had ensured 92% support for the move to the US state of Delaware.