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News Corp.’s Murdoch Sells $61.7 Million of Class A Shares

News Corp. Chairman and Chief Executive Officer Rupert Murdoch sold 3.6 million shares of the media company’s Class A shares, according to a regulatory filing today.

Murdoch sold the shares for about $61.7 million, according to prices in the filing. Prior to the sale, Murdoch held 12.8 million Class A shares based on the company’s most recent proxy statement filed in September.