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Activist pushes for end of Murdoch voting control at News Corp

9 September 2024
in Business
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Activist pushes for end of Murdoch voting control at News Corp
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Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. Activist investor Starboard Value has proposed ending Murdoch family control of News Corp, targeting the family’s outsized voting weight at the media group. The proposal aims to eliminate the dual-class share structure that gives the Murdoch family control of 41% of the voting power at News Corp, sparking debate over the future leadership and ownership of the company.

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Tags: activistControlCorpMurdochNewsPushesvoting
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