Fox Sets Vote Date For Aussie Delisting
Twenty-First Century Fox has set a March 21 date for a special shareholders meeting to vote on the programmer’s planned delisting from the Australian Stock Exchange (ASX).
The meeting will be held at 10 a.m. at Citi Auditorium, 399 Park Avenue, 12 th Floor, in New York.
Fox announced earlier this month that it planned to delist from the exchange. The move comes about six months after the former News Corp.split into two separate entities– Twenty-First Century Fox, which holds its cable television, broadcasting and movie studio assets, and News Corp., which includes its publishing assets including the Wall Street Journal and New York Post. News Corp., which still has substantial assets in Australia, said it would remain on both the NASDAQ and Australian exchanges. Twenty-First Century Fox will continue to be listed on the NASDAQ Exchange.
In a statement Thursday, Twenty-First Century Fox said if approved, the ASX delisting would be expected to occur on or about May 8.
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