Original article by Max Mason
The Australian Financial Review – Page: 29 : 9-May-16
The Nathan Cummings Foundation is expected to use News Corporation’s 2016 AGM to renew its push for the media giant to abolish its dual-class share structure. Some 49.5 per cent of votes cast at the 2015 AGM supported a resolution to scrap the distinction between News Corporation’s voting and non-voting shares. The Murdoch family owns 39.4 per cent of the voting stock.
CORPORATES
NEWS CORPORATION – ASX NWS, NATHAN CUMMINGS FOUNDATION, HERMES EQUITY OWNERSHIP SERVICES LIMITED, MURDOCH FAMILY TRUST, FOXTEL MANAGEMENT PTY LTD