Starboard moves to collapse News Corp’s dual class stock in challenge to Rupert Murdoch

Starboard moves to collapse News Corp’s dual class stock in challenge to Rupert Murdoch

Rupert Murdoch at his annual party at Spencer House, St James’ Place in London. Picture date: Thursday June 22, 2023. Victoria Jones | Pa Images | Getty Images Activist investor Starboard Value has moved to dissolve News Corp’s dual-class share structure, a challenge to the Murdoch family’s control over the Wall Street Journal parent, according … Read more

Rupert Murdoch’s REA Group considers bid for Rightmove property portal

Rupert Murdoch’s REA Group considers bid for Rightmove property portal

Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images LONDON — Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property listings company, which is controlled by Murdoch’s … Read more