Monday, January 25, 2021

NEWS CORP UPS JAMES MURDOCH — MORE NEPOTISM?

March 30, 2011 by · Leave a Comment 

Less than two weeks after News Corp’s board of directors was hit with a shareholders lawsuit accusing its chairman, Rupert Murdoch, of “larding the executive ranks of the company with his offspring,” the company announced today (Wednesday) that it had named Murdoch’s son James to the newly created post of deputy chief operating officer and […]

BANK ACCUSES MURDOCH OF NEPOTISM

March 18, 2011 by · Leave a Comment 

New York-based Amalgamated Bank and Illinois-based Central Laborers Pension Fund have filed lawsuits in Delaware Chancery Court charging that Rupert Murdoch’s News Corp’s planned $675-million acquisition of Elisabeth Murdoch’s Shine television company violates, in the words of the Amalgamated suit, “the entire fairness standard both on the basis of price and process.” Amalgamated is the […]