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News Corp. Can Keep Its 'Poison Pill' Provision, Delaware Court Rules

Stock Market Today

NEW YORK (The Deal) -- News Corp.  may keep its poison pill in place, Delaware Chancellor Andre Bouchard ruled Tuesday. Shareholders of the media company, which publishes the Wall Street Journal and the New York Post, argued they should have a vote on the shareholder rights plan -- known as a "poison pill" -- under an agreement that News Corp.'s predecessor company -- also called News Corp ...

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