A recapitalization plan would end News Corp’s dual-class share structure, which gives the Murdoch family outsized control of the company.
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News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.
No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.
The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.
One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.