Starboard Submits Proposal for News Corp Stockholder Vote on Ending Dual-Class Structure
Starboard Value is seeking to eliminate News Corp’s dual-class capital structure so that each outstanding share of the company’s common stock is equivalent to one vote.
Starboard asks News Corp. shareholders to vote for removal of dual-class structure at annual meeting
Starboard proposes eliminating dual-class structure at News Corp to promote shareholder value and governance, citing risks posed by current setup.
Hedge Fund Pushes for End of Murdochs’ Control at News Corp
Starboard Value, a fund that takes stakes in companies and agitates for changes, said political disagreements among Rupert Murdoch’s children could be “paralyzing” for the media firm.
Starboard proposes that News Corp eliminates dual-class shares
Hedge fund Starboard Value confirmed on Monday it had filed a shareholder resolution to eliminate the dual-class share structure that allows Rupert Murdoch to control News Corp , the publisher of the Wall Street Journal.
Starboard Calls on News Corp to Scrap Dual-Class Share Structure
The activist investor said the share structure gives too much influence to the family of company founder Rupert Murdoch.
Starboard Pushes to End News Corp.’s Dual-Class Structure
Starboard Value LP is pushing News Corp. to eliminate its dual-class share structure and is prepared to take further action against the media company if it refuses to engage.
News Corp would have lost $9 million in 2017 by ditching Google ads, ex-exec testifies
News Corp in 2017 estimated losing at least $9 million in ad revenue that year if it had switched away from Google's massive ...
Microsoft Corp. stock underperforms Friday when compared to competitors
Shares of Microsoft Corp. dropped 0.78% to $435.27 Friday, on what proved to be an all-around mixed trading session for the ...
Boston manufacturer Cabot Corp. gets $50 million federal grant for Michigan factory
The money will go toward a plant just west of Detroit where the company plans to make conductive materials for ...
Zefiro Methane Corp. Announces Appearances & Speaking Engagements at NYC Climate Week 2024
Zefiro executives will attend several functions sponsored by a variety of strategic partners, including Xpansiv, Fiùtur, and ...
Kohl's Corp. stock underperforms Friday when compared to competitors despite daily gains
Kohl's Corp. closed $10.92 short of its 52-week high ($29.60), which the company reached on April 1st.
Business Wire10h
Rithm Capital Corp. Declares Third Quarter 2024 Common and Preferred Dividends
Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) ...
bovnews15h
Lear Corp (LEA) Stock Sees Market Value Hit $6.19 billion: What Are the Implications?
Lear Corp (LEA) stock saw a modest uptick, ending the day at $110.02 which represents a slight increase of $2.81 or 2.62% from the prior close of $107.21. The stock opened at $109.64 and touched a low ...
Fortive Corp. stock underperforms Friday when compared to competitors
Shares of Fortive Corp. FTV slid 1.23% to $76.34 Friday, on what proved to be an all-around mixed trading session for the ...
Lawson to work with KDDI, M'bishi Corp. to open 'convenience stores of the future' in Japan
Major Japanese convenience store operator Lawson Inc., telecommunications giant KDDI Corp. and Lawson's parent company ...
bovnews15h
What Factors Have Led to Repligen Corp (RGEN) Stock Trading -30.95% Below Its 52-Week High?
Repligen Corp (RGEN) stock saw a modest uptick, ending the day at $145.78 which represents a slight increase of $3.75 or 2.64% from the prior close of $142.03. The stock opened at $145.27 and touched ...