News Corp faces revolt by quarter of shareholders

Advisory bodies and campaigners urge investors to oppose up to 13 of media firm’s 15 directors amid phone-hacking allegations Up to 25% of shareholders are expected to protest against Rupert, James and Lachlan Murdoch retaining their positions on the News Corporation board at the embattled media group’s annual meeting in Los Angeles next week. A string of advisory bodies and corporate governance campaigners have issued recommendations to vote against up to 13

Posted by on October 14, 2011. Filed under News, Politics, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.