Newscorp puts the spin on US move
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Sydney - Rupert Murdoch said his US-bound media giant News Corp is on the &quot;cusp of a new and more prosperous era&quot;, as it reported Thursday a jump in earnings, while rival mogul John Malone moved to increase his stake in the company.
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SYDNEY: News Corp. Ltd&#39;s controversial plan to relocate to the United States received a boost after a group representing 32 Australian superannuation funds said it will urge members to support the move.
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Australia, New Zealand and South Africa rugby officials sold broadcast rights to M-Net/Supersport and Rupert Murdoch&#39;s News Corp.
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NEWS Corp led the sharemarket into record territory yesterday as investors here grew accustomed to the US way of corporate control, taking Monday&#39;s poison pill move by chairman Rupert Murdoch in their stride.
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Media giant News Corp today posted a 27% rise in first quarter net profit today, prompting chief Rupert Murdoch to declare that the US-bound company is on the cusp of a new era of prosperity.
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Rupert Murdoch&#39;s News Corp., the world&#39;s fifth-largest media company and owner of the Fox broadcast network and Fox News Channel, adopted a plan to thwart any hostile takeover after John Malone&#39;s Liberty Media Corp.
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Rupert Murdoch won hard fought shareholder approval on Tuesday to shift the corporate headquarters of his $48 billion News Corp. Ltd.
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Rupert Murdoch&#39;s News Corp. has moved to ward off any hostile bid from US cable company Liberty Media with a plan to issue stock options to dilute the stake of any predator.
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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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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 (Dow Jones)--News Corp. (NWS) Chairman Rupert Murdoch said there was &quot;no choice&quot; but to change the media giant&#39;s domicile to the US as he attempts to win over crucial support from Australian investors for the move, the Australian Financial Review ...
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Rupert Murdoch&#39;s News Corporation has offered a package of concessions to appease shareholders who fear the tycoon would be given too much power over the media empire by shifting its domicile from Australia to the United States.
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Rupert Murdoch&#39;s News Corp. Ltd. moved on Monday to prevent a hostile bid from US cable company Liberty Media Corp., launching a plan to issue stock options that would dilute the stake of any predator.
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NEWS Limited shareholders have voted to shift the media group&#39;s corporate base to the United States. Rupert Murdoch&#39;s media group will likely move to the US after proxy shareholders voted in favour of schemes
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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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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.