News Corp. proxy votes back US move
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Proxy votes cast by News Corp. shareholders have overwhelmingly supported a motion to move Rupert Murdoch's media empire to the United States from Australia.
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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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SYDNEY: News Corp Ltd said it plans to hold a shareholder vote on its proposed reincorporation to the US at its annual general meeting in Adelaide on Oct 26, after obtaining approval from Australia&#39;s Federal Court earlier yesterday.
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The board of Dow Jones & Co. Inc. has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp., sending the deal to the controlling Bancroft family for final approval.
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SYDNEY - Rupert Murdoch&#39;s News Corp is to consider moves to strengthen its corporate governance, in the face of growing shareholder concern about its relocation to the United States.
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RUPERT MURDOCHâS News Corporation has been forced into instigating a last-minute &quot;charm offensive&quot; on investors after learning that its plan to shift from Australia to the United States could be defeated.
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ADELAIDE, Australia : News Corp. shareholders have backed Rupert Murdoch&#39;s plan to move his media empire to the United States from the sleepy Australian city of Adelaide where the company&#39;s foundations were laid more than 50 years ago.
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Media & professional: The board of WSJ-owner Dow Jones votes to sell firm to Rupert Murdoch's News Corp, pending approval of the Bancrofts.
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News Corp. said Wednesday it may change its constitution to appease Australian investors still undecided about its proposed move to the United States.
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DAVID HARDAKER: Last night, Adelaide&#39;s Lord Mayor gave Rupert Murdoch the keys to the city, and today News Corporation investors handed him a ticket to Delaware when it approved the company&#39;s plans to move to the United States.
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Rupert Murdoch&#39;s News Corp. will strengthen corporate governance provisions to ease concern among investors who threatened to vote against the company&#39;s proposed move to the US if shareholder rights were diminished.
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After six months of cajoling and negotiating, Rupert Murdoch Tuesday won overwhelming support for his plan to shift News Corp&#39;s major share market listing to Wall Street.
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THE News Corporation Ltd has won the battle to gain local support for its move to the US after unveiling far-reaching concessions on corporate governance.
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Rupert Murdoch&#39;s News Corp. may strengthen its corporate governance provisions after investors and shareholder groups said they will vote against the company&#39;s move to the US if shareholders rights are diminished.
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NEW YORK, October 26  - Australia-based global media giant News Corporation (NWS.NYS) has received the approval of its shareholders to shift the company&#39;s corporate headquarters from Australia to the US.
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Shareholders in The News Corporation Ltd (publisher of The Australian) voted overwhelmingly to endorse the final act in five decades of expansion: to shift the company&#39;s domicile from the South Australian capital to the US state of Delaware.
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The Murdoch family&#39;s long-term control of its media empire is less certain this week after News Corporation&#39;s largest investor moved to almost double his voting stake.