James Murdoch Re-Elected Sky Chairman, Surviving Shareholder Uprising

As 21st Century Fox continues its pursuit of full control over European pay-TV group Sky, chairman James Murdoch won re-election today despite significant shareholder opposition. Nearly 22% of all shareholders, and more than 48% of independent ones, opposed Murdoch being allowed to continue in the post. Earlier this week, Fox said it was co-operating with the UK’s Competition and Marktes Authority, which is probing the proposed acquisition of the 61% that Fox doesn’t…

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