Rupert Murdoch’s 21st Century Fox is open to giving Time Warner shareholders seats on the new company’s board if its takeover bid succeeds. Board representation could appear in a revised proposal. It did not say how many board seats were being considered and added the two sides are not currently in negotiations. Time Warner’s board rejected Murdoch’s $80 billion takeover offer earlier this month, but the Fox chairman and chief executive officer is expected to continue the pursuit.
[grabpress_video guid=54f31689fe2f606a88e039ef9a7f26a8f8fe70c2 embed_id=2085735]
Thanks for checking us out. Please take a look at the rest of our videos and articles.
To stay in the loop, bookmark our homepage.
Recent Comments