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How Will News Corp’s $450M Secondary Offering Reshape Murdoch Family Control?
8:34am on Thursday 11th of September, 2025 AEST
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How Will News Corp’s $450M Secondary Offering Reshape Murdoch Family Control?
8:34am on Thursday 11th of September, 2025 AEST
Key Points
14 million Class B shares sold in secondary offering at $31.98 per share
No proceeds raised for News Corp; shares sold by Murdoch family trusts
Termination of prior Murdoch Family Trust stockholders agreement
New agreement caps Murdoch family voting power at 44%
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