The suspension will not affect the rights of those shareholders to receive dividends and distributions.
News Corp. said the move secures the assets of its TV segment, which includes TV stations and the Fox broadcast network. The unit generated $4.8 billion of the company's $33.4 billion in revenue last year.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Reader Comments