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News Corp today noted the announcement by 21st Century Fox that it had
initiated the process to pursue the removal of its full foreign listing
on the Australian Securities Exchange (ASX) subject to the approval of
the holders of its Class B Common Stock.
News Corp Chief Executive Robert Thomson said that it was important for
shareholders to know that News Corp remains listed on the ASX and
Australia continues to be a significant market for the company's lines
of business.
Following the separation of the old News Corporation into two distinct
publicly traded companies last year, the new News Corp maintains major
operations in Australia through its ownership of more than 120
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