News Corp. said Tuesday that its shareholders have approved
its plan to split into two separate companies, a move that could be completed
before the end of the month.
News Corp. proposed a plan to separate its publishing and
entertainment businesses into two separate entities -- News
Corp. and 21st Century Fox last June.
At a special meeting of shareholders on Tuesday,
shareholders overwhelmingly approved the split. The company said it is
positioned to complete the separation on June 28.
The television industry's top news stories, analysis and blogs of the day.
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