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News Corp Selling 14 Million Shares in $456M Murdoch Trust Restructuring
8:35am on Wednesday 10th of September, 2025 AEST
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News Corp Selling 14 Million Shares in $456M Murdoch Trust Restructuring
8:35am on Wednesday 10th of September, 2025 AEST
Key Points
14 million Class B shares offered by Murdoch family-related trusts
Company not selling shares; proceeds go to selling stockholders
LGC Holdco to hold 33.2% of Class B shares post-transaction
LGC Holdco secured $1 billion loan collateralized by shares
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