Murdoch’s Fox Wins OK to End Australian Share Listing
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21st Century Fox Inc., the film and television company controlled by billionaire Rupert Murdoch, received stockholder approval to move ahead with plans to cease trading of its shares in Australia.
Class B shareholders, the only group with voting rights, approved the proposal, Murdoch said today at special investor meeting in New York. The measure passed by about a four-to-one margin, Fox said in a regulatory filing.