New York City's giant pension funds have voted to oppose the board of directors at a shareholders meeting of the troubled media giant News Corp. tomorrow, a move against a feared local media company that was opposed by New York City Mayor Michael Bloomberg.
New York City Comptroller John Liu, a Democrat, introduced the resolution to oppose the re-election of nine of the company's fifteen directors, including chairman and CEO Rupert Murdoch and two of his sons, James and Lachlan Murdoch.
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