Business Services Industry
News Corp poison pill deal gets nod.
Australasian Business Intelligence, May, 2006
Byline: Robert Guy
May 24, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Efforts by Liberty Media to derail New Corporation's settlement over its "poison pill" provision have failed. In May 2006, the Delaware Chancery court approved a News settlement with shareholders. The terms of the deal specify that News will allow stockholders to vote on a two-year extension of the poison pill provision at the group's October AGM. However, the media conglomerate must resubmit legal documents on the matter in "plain, clear language" before final approval is granted. Lawyers for Liberty Media, which holds a 17 per cent stake in News, had complained that News had achieved an "extensively broad release".
Publication Date: 25 May 2006
NEWS...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
