Almost 30 percent of Sky shareholders oppose James Murdoch as chairman

Almost 30 percent of Sky shareholders oppose James Murdoch as chairman
 

Almost 30 percent of voting shareholders at Sky SKY.L opposed the appointment of James Murdoch as chairman of the European pay TV group on Thursday, with some saying he was too closely linked to the group's largest investor, owned by his father Rupert.
James Murdoch, who became Sky chairman in January, won 71.55 percent support in a vote to confirm his appointment at the company's annual shareholder meeting, below the 90-plus percents obtained by other board members.
Sky is 39 percent-owned by Rupert Murdoch's Twenty-First Century Fox (FOXA.O).
"Should Fox make a bid for Sky, investors... read more

 
13 October 2016 in Business, Views: 37
Source: Reuters
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