Starboard Seeks News Corp Dissolution
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News Corp sharesCNBC
•Starboard moves to collapse News Corp's dual class stock in challenge to Rupert Murdoch
74% Informative
Starboard Value has filed an advisory shareholder resolution to dissolve News Corp's dual-class share structure.
The move is a challenge to the Murdoch family's control over the Wall Street Journal parent.
The Murdoch family is currently embroiled in a legal battle over the fate of the family's 14% News Corp stake.
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