NWSLV News: Starboard Value Issues Letter to News Corp Shareholders Regarding a Proposal to Eliminate the Compan - 9th Sep 2024, 10:30pm

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Believes News Corp Suffers from Worst-In-Class Corporate Governance That Has Exacerbated the Company’s Valuation Discount

Contends There Are No Reasonable Arguments to Extend Super-Voting Rights and De Facto Control to the Inheritors of a Founder

Plans to File a Proxy Statement with Additional Details and Looks Forward to Continued Engagement with Shareholders

NEW YORK, September 09, 2024--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, "Starboard" or "we"), a signific...

>>> Read more: Starboard Value Issues Letter to News Corp Shareholders Regarding a Proposal to Eliminate the Company’s Dual-Class Share Structure at the 2024 Annual Meeting
 
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