Original article by Neil Chenoweth
The Australian Financial Review – Page: 18 : 21-Oct-15

News Corporation’s non-voting A shares have traditionally traded higher than the B shares, which have voting rights. However, the latter traded at a 1.2 per cent premium in New York on 20 October 2015. Some 49.5 per cent of votes cast at the media group’s 2015 AGM were in favour of abolishing the dual-class share structure. The resolution was defeated by less than 900,000 shares. Scrapping the non-voting shares would have reduced the Murdoch family’s voting stake to 13.5 per cent.

CORPORATES
NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED, FOXTEL MANAGEMENT PTY LTD, REA GROUP LIMITED – ASX REA, NATIONAL RUGBY LEAGUE, SOUTH EASTERN ASSET MANAGEMENT