By: John Kell | Market Watch
James Murdoch, 21st Century Fox Inc.'s (FOX, FOXA, FOX.AU) deputy chief operating officer, has sold about 18.5% of his stake in the media company in a transaction valued at $15 million.
Mr. Murdoch, son of 21st Century Fox Chairman and Chief Executive Rupert Murdoch, disclosed he sold 455,000 Class A shares at an average price of $32.97. James Murdoch still owns nearly two million Class A shares of 21st Century Fox.
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