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Murdoch Family Trusts to Sell 30.8 Million Shares in Major Media Shift
Financial MarketsMurdoch SharesUpdated 13 hours ago

Murdoch Family Trusts to Sell 30.8 Million Shares in Major Media Shift

The Murdoch family trusts are planning to sell a total of 30.8 million shares, comprising 16.8 million shares of Fox Corp and 14 million shares of News Corp's class B stock. This significant divestment reflects their ongoing financial strategy and marks a notable shift in the media landscape.

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Murdoch family trusts to sell 16.8 million shares of Fox Corp
NeutralFinancial Markets
The Murdoch family trusts are set to sell 16.8 million shares of Fox Corp, marking a significant move in the media landscape.
Editor’s Note: This sale is noteworthy as it reflects the Murdoch family's ongoing strategy regarding their media investments and could impact Fox Corp's stock performance and future direction.
Murdoch family trusts to sell 14 million News Corp class B shares
NeutralFinancial Markets
The Murdoch family trusts are set to sell 14 million shares of News Corp's class B stock. This move is part of their ongoing financial strategy.
Editor’s Note: This sale is significant as it reflects the Murdoch family's financial decisions and could impact News Corp's stock performance. Understanding these moves helps investors gauge the company's future.

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