News Corporation (NASDAQ:NWS) disclosed that its largest shareholder, Starboard Value LP, believes dual-class share structures are not in the best interests of shareholders and do not reflect ...
Update 3:20pm: Adds News Corp. response. In the case of the Murdoch family empire, the closely held B shares have historically given the family about 40% of voting power despite owning about 15% of ...
Activist investor Starboard Value said News Corp should eliminate its dual-class share structure, saying it gives too much influence to the family of Rupert Murdoch. The dual-class structure isn’t in ...
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