News Ltd bows to shareholder demands over move to US
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The Australian Council of Super Investors was one group that had urged News Corp to include major provisions of Australian corporate law in its proposed new US constitution in order to protect Australian shareholders.
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The chances of Rupert Murdoch's News Corp relocating from Australia to the United States have increased after one of its biggest institutional investors has chosen to abstain from a vote next week on the move.
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Buckling under investor pressure, Rupert  Murdoch's News Corp. Ltd. agreed on Thursday to stick to  Australia's tough corporate governance standards when it moves  its legal base to the United States.
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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 Murdoch&#39;s News Corporation today took steps to head off a potential takeover by rival mogul John Malone with a &quot;poison pill&quot; plan to dilute the shareholdings of would-be predators.
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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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LONDON (CBS.MW) - Shares of News Corp. dropped over 4 percent in Australia overnight Monday after the owner of Fox News and other media properties adopted a poison pill shareholder rights plan that seeks to block takeovers.
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Shares of international media giant News Corp. (Nasdaq: NWSWI) fell nearly 4% yesterday following the company&#39;s announcement that it adopted a &quot;shareholder rights plan
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RUPERT Murdoch is literally buying back the farm - and the art and other myriad investments worth more than $50 million. As part of the proposed move of The News Corporation Ltd to the US, Mr Murdoch and his
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SYDNEY - Media mogul Rupert Murdoch said in a Thursday newspaper interview he would take a second stab at uprooting his News Corp Ltd empire from Australia to the United States if investors block the deal first time around.
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Australian-based media giant News Corp. is to buy out the last remaining minority shareholder of Sky Italia and assume full control of the satellite broadcaster.
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News Corp. Ltd. shareholders are expected to approve next week the &#36;45 billion media empire's plan to shift to the United States, but there is a slim chance fund managers could scupper the move at the last minute.
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RUPERT Murdoch has won the battle to shift the headquarters of his giant media group News Corp from the southern Australian city of Adelaide to the US state of Delaware.
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News Corporation management and shareholders have begun gathering in Adelaide for what is expected to be the company&#39;s last annual general meeting in Australia.
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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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NEW YORK (CBS.MW) -- News Corp. (NWS) announced that its UK newspaper unit News International will cut its production staff by two thirds and invest 600 million pounds ($1.
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GLOBAL media giant News Corp succumbed to intense institutional pressure yesterday and agreed to retain its full foreign listing on the Australian Stock Exchange if shareholders approved the company&#39;s proposal to shift to the United States.