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Rupert Murdoch arrives at an Oscar party in 2015. (Evan Agostini / Invision / Associated Press)
Activist investor Starboard Value is challenging the ownership structure of media empire News Corp., arguing that its dual-class share arrangement gives outsize say to the Murdoch family and amplifies members' complicated interpersonal dynamics.
The hedge fund said it has submitted a proposal to eliminate the dual-class share structure of the company.
That proposal would be voted on at News Corp.'s...
>>> Read more: Hedge fund challenges Murdoch family's longtime control over News Corp.
Activist investor Starboard Value is challenging the ownership structure of media empire News Corp., arguing that its dual-class share arrangement gives outsize say to the Murdoch family and amplifies members' complicated interpersonal dynamics.
The hedge fund said it has submitted a proposal to eliminate the dual-class share structure of the company.
That proposal would be voted on at News Corp.'s...
>>> Read more: Hedge fund challenges Murdoch family's longtime control over News Corp.
