Shareholders received one share of New News Corp for every four shares they owned of the old News Corp. The two new firms began buying and selling on the NASDAQ on July 1https://businesspost.xyz 2013.
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Subscribe for full entry to all our share and unit trust knowledge toolshttps://businesspost.xyz our award-successful articleshttps://businesspost.xyz and assist high quality journalism within the course of. News Corp’s publishing operations had been spun out into a present-day News Corporation with Robert James Thomsonhttps://businesspost.xyz editor of The Wall Street Journalhttps://businesspost.xyz as CEO. The current News Corporationhttps://businesspost.xyz which retains most of its media properties and Murdoch as CEOhttps://businesspost.xyz was renamed 21st Century Fox. In September 2009https://businesspost.xyz News Corp established NewsCorehttps://businesspost.xyz a world wire service set as much as provide news stories to all of News Corp’s journalistic retailers. In 1995https://businesspost.xyz the Fox network turned the item of scrutiny from the FCC when it was alleged that its Australian base made Murdoch’s ownership of Fox illegal. The FCChttps://businesspost.xyz neverthelesshttps://businesspost.xyz dominated in Murdoch’s favorhttps://businesspost.xyz stating that his ownership of Fox was in the public’s finest interests.
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