News Corp. in $139 Million Settlement With Shareholders

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By: Amy Chozick | The New York Times

As News Corporation continues to negotiate settlements with victims of a phone-hacking scandal within its British newspaper division, its board on Monday reached a $139 million settlement with a group of United States shareholders.

The group had asserted that News Corporation’s board — led by Rupert Murdoch, the chairman and chief executive — breached its fiduciary responsibility in handling the crisis in Britain.































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