News Corp replaces Murdoch stockholders pact; 14.07 million Class B shares sold by holders
News Corp entered a new stockholders agreement with LGC Holdco and the LGC Family Trusts on September 8, 2025, ending the prior agreement with the Murdoch Family Trust as part of resolving the MFT litigation. The filing also discloses a secondary offering of 14,071,293 Class B shares at $31.98 per share by selling stockholders, which closed September 10, 2025, with the company receiving no proceeds.
Key points
- New agreement caps the LGC Family Trusts, LGC Holdco and Murdoch Individuals at 44% of Class B voting power
- Selling stockholders sold 14,071,293 Class B shares to Morgan Stanley & Co. LLC at $31.98 per share
- Offering closed September 10, 2025; News Corp sold no shares and received no proceeds
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 10, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.