Business

Jun 19, 2015

News Corp entrenches ‘poison pill’, a smack in the face to shareholders

With so much excitement at News Crop this week, you may have missed Murdoch's most egregious move. Glenn Dyer and Stephen Mayne report.

Talk about frenetic. The past week has marked a frenzy of major decision-making by the Murdoch men and the directors who support them.

2 comments

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2 thoughts on “News Corp entrenches ‘poison pill’, a smack in the face to shareholders

  1. AR

    It may return bigbuck$ at the moment but surely corporate funds would have more sense than to view mudorc shares as a long term propostion?

  2. westral

    The Murdochs control News Corp even though they only have 12% of the shareholding – they have around 39% of the voting shares.

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