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dipsydoodle

(42,239 posts)

7. From last October

Reply to DLnyc (Reply #5)

Thu May 9, 2013, 04:56 AM

May 2013

Wednesday 3 October 2012 16.16 BST

A similar vote last year failed to pass. Murdoch and his family own about 12% of the media giant but control 40% of the vote because of News Corp's dual class share structure. Last year, the majority of independent voters voted against much of News Corp's board including Murdoch's sons Lachlan and James.

http://www.guardian.co.uk/media/2012/oct/03/rupert-murdoch-shareholder-news-corp

Last year in the above reference refers to 2011. Its an annual event which always fails.

I'm not aware of anything which forces some to buy non voting stock.

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Highlight:

News Corp shareholders renew call for Rupert Murdoch to step down [View all] Newsjock May 2013 OP

Rec'd! Sounds good to me. nt babylonsister May 2013 #1

I think we both know dipsydoodle May 2013 #2

Institutional and Mutual Funds apparently own 93% of shares DLnyc May 2013 #5

From last October dipsydoodle May 2013 #7

interesting, thanks DLnyc May 2013 #8

He's sure changed America for the worst. Good riddance and take Ailes with you. mountain grammy May 2013 #3

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