Feb 18, 2013, 10.08 AM | Source: Reuters
Rupert Murdoch, chairman and chief executive officer of News Corp , sold less than 1 percent of his shares in the media company.
Murdoch sold 1,396,571 million Class B shares, out of 317,290,709 shares, on February 13, for USD 40.1 million, according to a regulatory filing on Friday.
News Corp, which owns Fox Network, The Wall Street Journal, and 20th Century Fox movie studios, is controlled by Murdoch's family through its ownership of 40 percent of Class B voting shares.
In November, Murdoch sold his Class A shares.
Shares of News Corp are up almost 50 percent in the past 12 months. The stock closed up 1.4 percent at USD 28.90 on Friday.
Buy Navkar Corp;target of Rs 255: Axis Securities
Axis Securities is bullish on Navkar Corp has reco
Stocks in news: ONGC, Wipro, Hero, BHEL, Amtek, Trent, Ajmera
Sun Pharma | M&M | ONGC | Coal India | Wipro | Her
Shipping Corp standalone Dec '15 sales at Rs 987.04 crore
Shipping Corporation of India has reported a sales
Step Two Corp standalone Dec '15 sales at Rs 0.09 crore
Step Two Corporation has reported a sales total in
Navkar Corp standalone Dec '15 sales at Rs 88.21 crore
Navkar Corporation has reported a sales total inco
MPIL Corp standalone Dec '15 sales at Rs 0.02 crore
MPIL Corporation has reported a standalone total i