Lionsgate’s board of directors has adopted a recommendation from its special committee to collapse the company’s dual-class stock structure, according to a regulatory filing with the U.S. Securities ...

Public companies with dual-class stock structures are set up in a way that often gives chief executives outsized influence over the direction of the firm. That can be advantageous when trying to ...

Update 3:20pm: Adds News Corp. response. In the case of the Murdoch family empire, the closely held B shares have historically given the family about 40% of voting power despite owning about 15% of ...

Activist investor Irenic said it would back fellow dissident Starboard Value's push to collapse News Corp.'s dual-class share structure. Irenic previously pushed to block a considered merger between ...

(RTTNews) - Responding to a non-binding stockholder proposal, News Corp (NWS, NWSA, NWS.AX, NWSLV.AX) stated that it believes the company's dual-class capital structure promotes stability and has ...

Sept 9 (Reuters) - Hedge fund Starboard Value confirmed on Monday it had filed a shareholder resolution to eliminate the dual-class share structure that allows Rupert Murdoch to control News Corp ...