News Corp. OKs poison pill, buyback before split

LOS ANGELES (AP) — News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.



via Tech News Headlines - Yahoo! News http://news.yahoo.com/news-corp-oks-poison-pill-buyback-split-191101428.html