Murdoch Sells $40 Million in News Corp. Voting Stock as Price Soars

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
http://www.editorandpublisher.com/news/murdoch-sells-40-million-in-news-corp-voting-stock-as-price-soars/">
LinkedIn

By: Meg James | Los Angeles Times

Chairman Rupert Murdoch is taking advantage of the jump in value of News Corp. stock by selling $40 million in voting shares this week. Shares closed trading Friday at all-time highs.

A News Corp. spokesman declined to provide a reason for Murdoch’s pre-Valentine’s Day sale of nearly 1.4 million Class B shares. The sale, which occurred Wednesday, was recorded Friday with the Securities and Exchange Commission.

Comments:

Your email address will not be published. Required fields are marked *

Editor & Publisher App: Android Phone

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your Android device

Click below to download
and install the Android app.

CLOSE

Editor & Publisher App: Android Tablet

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your Android tablet

Click below to download
and install the Android app.

CLOSE

Editor & Publisher App: iPad

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your iPad

Click below to download
and install the App.

CLOSE

Editor & Publisher App: iPhone

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your iPhone device

Click below to download
and install the iPhone app.

CLOSE