News Corp Announces Secondary Offering of Class B Common Stock

News Corp Announces Secondary Offering of Class B Common Stock

NWS
Positive
Market

Summary

NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (NASDAQ: NWSA, NWS; ASX: NWS, NWSLV) today an...

NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (NASDAQ: NWSA, NWS; ASX: NWS, NWSLV) today announced that trusts established for the benefit of Prudence MacLeod, Elisabeth Murdoch and James Murdoch and his or her respective descendants and charitable organizations (the “Selling Stockholders”) intend to offer an aggregate of 14,182,161 shares of News Corp's Class B common stock, par value $0.01 per share (the “Class B common stock”), in an underwritten public offering.