Murdoch’s 21st Century Fox Abandons Australia Listing
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Rupert Murdoch’s 21st Century Fox Inc. will delist its shares from the Australian stock market to boost liquidity on the Nasdaq market as the billionaire further distances himself from the country of his birth.
21st Century Fox, based in New York, plans to ask shareholders to approve the move at a special meeting in March or April, the company said in a statement today. A delisting could be complete by June, the company said.