While Bloomberg reporters' action may not be illegal (I think), there's only a semantic difference between what they've done and what News Corp. did in the phone hacking scandal. To recap, �several hundred reporters� at Bloomberg News, according to The ...
James Murdoch sold $25 million in News Corp. non-voting shares this week. Pictured: James Murdoch adjusts his tie as he arrives at the High Court to give evidence to the Leveson Inquiry on April 24, 2012, in London.
The sale comes ahead of a proposed split of News Corp.'s entertainment assets from the declining publishing business, where earnings sagged 35 percent in the most recent quarter from the year earlier.
"In addition to being one of the most respected attorneys in her field, Toni has been an extraordinary mentor, partner, and colleague at Skadden," said a statement issued to The Am Law Daily by firm executive partner Eric Friedman.
"The shareholders believe that by responding positively to these corporate governance issues, News Corporation can improve oversight of management, reduce business risk and better represent the interests of all shareholders.
News Corp News Corp. has agreed to settle lawsuits over the phone-hacking scandal that forced it to close the News of the World by emptying out its insurance policies for directors and officers to the tune of $139 million - minus the fees it will pay ...
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