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News Corp. Holders Back Board; Murdoch Keeps Dual Role

Published on October 16, 2012
by William Launder

News Corp.’s shareholders backed the company’s board, including two new nominations, and struck down a proposal to elect an independent chairman.

Chief Executive and Chairman Rupert Murdoch told shareholders at News Corp.’s annual meeting that all of the nominated board members had been approved, based on a preliminary count of shareholder votes. A final count will be reported in a coming regulatory filing, News Corp. said.

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