News Corp. Defeats Shareholder Push To Ditch Super Voting Stock Amid Succession Jitters [Yahoo! Finance]
News Corporation - Class B (NWS)
US:NASDAQ Investor Relations:
investors.newscorp.com/investor-relations
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Source: Yahoo! Finance
regular shares and super-voting share, most of which are owned by the Murdoch family. At the annual meeting today, a majority of votes cast on the measure supported the company to leave the current share structure in place, against shareholder Starboard, which doesn't believe control should passes from generation to generation, especially now as Rupert Murdoch and his children appear to disagree on who should inherit control the family business. More from Deadline The Voice Of Milhouse Retires From 'The Simpsons' 2024 Premiere Dates For New & Returning Series On Broadcast, Cable & Streaming 'The Floor' Season 3 Premiere Replaces 'Rescue: HI-Surf' After Super Bowl On Fox At issue is the fact that James, Elisabeth, Prudence and Lachlan Murdoch , who is the sole chair of News Corp. as well as CEO of Fox, would split control of the business equally under the terms of an irrevocable trust. But they may not -– and indications are that they will not — agree on how to run the fami
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