Murdoch Could Lose Control

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We are feeling the first tremours of what might be a media earthquake. Rupert Murdoch et famille might lose control of the News Corps Empire. UK Press Gazzette reports that shareholders of the Ozzie World Dominating Media Company might vote against keeping the “poison pill” that deters takeovers.

John Malone of Liberty Media already has 20 per cent of the stock, and would like more, much more. The shareholder meeting is on Friday. It’s sure to be a good one.

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