Starboard CEO Jeff Smith Says We Have Solicitation Going On For Potentially Separating The Two Class Structure At News Corp
Portfolio Pulse from Benzinga Newsdesk
Starboard CEO Jeff Smith announced that there is an ongoing solicitation to potentially separate the two-class share structure at News Corp. This move could impact the company's governance and shareholder dynamics.
October 22, 2024 | 1:44 pm
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POSITIVE IMPACT
News Corp's two-class share structure may be separated, as per Starboard CEO Jeff Smith. This could lead to changes in governance and shareholder influence.
The potential separation of the two-class share structure at News Corp could lead to significant changes in governance and shareholder influence, which may be viewed positively by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
News Corp's two-class share structure may be separated, as per Starboard CEO Jeff Smith. This could lead to changes in governance and shareholder influence.
The potential separation of the two-class share structure at News Corp could lead to significant changes in governance and shareholder influence, which may be viewed positively by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90