News Corp. Investors Sue Murdoch, Board
From Bloomberg News
News Corp. investors sued Chairman Rupert Murdoch and the rest of the company’s board, saying they reneged on a promise to put a “poison pill” takeover defense to a shareholder vote.
The investors’ complaint is “without merit,” a News Corp. spokeswoman said.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
