Murdoch Family Trust Unloads 14.2M News Corp Shares in Major Restructuring

• 14.2 million Class B shares offered by Murdoch Family Trust-related selling stockholders
• News Corp itself not selling shares or receiving proceeds from the offering
• LGC Holdco to acquire remaining shares, backed by $1 billion collateralized loan
• Post-transaction, LGC Holdco controls 33.1% of Class B shares with voting managed by Cruden 2