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(Reuters) â Starboard Value, the activist hedge fund run by Jeffrey Smith, has bought shares of News Corp, according to people familiar with the matter, a move that could presage new calls from investors for changes to Rupert Murdoch's media empire.
The fund's plans and the size of its stake in News Corp could not be learned.
The sources requested anonymity because the matter is confidential. News Corp declined to comment and Starboard did not respond to a request for comment.
News Corp'...
>>> Read more: Activist hedge fund Starboard eyes Rupert Murdoch's News Corp: sources
The fund's plans and the size of its stake in News Corp could not be learned.
The sources requested anonymity because the matter is confidential. News Corp declined to comment and Starboard did not respond to a request for comment.
News Corp'...
>>> Read more: Activist hedge fund Starboard eyes Rupert Murdoch's News Corp: sources
