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A News Corp special board committee considering a potential combination with Fox Corp. said it has been delegated full authority to evaluate the proposal. News Corp said Monday that Rupert Murdoch and the Murdoch Family Trust won't vote in favor of a transaction unless it is both recommended by the special committee and approved by a majority vote of the shares held by non-affiliated stockholders. Mr. Murdoch has proposed a recombination of Fox Corp. and News Corp nearly a decade after they spli...
>>> Read more: News Corp: Murdoch Won't Vote for Potential Recombination with Fox Corp. Unless Supported by Independent Board Committee
>>> Read more: News Corp: Murdoch Won't Vote for Potential Recombination with Fox Corp. Unless Supported by Independent Board Committee
