Liberty Media Objects to News Corp. Settlement
- Share via
From Bloomberg News
Liberty Media Corp. challenged News Corp.’s settlement of a shareholder lawsuit over the company’s “poison pill” takeover defense.
Englewood, Colo.-based Liberty asked Delaware Chancery Court Judge William B. Chandler III to reject the accord in papers filed Friday. The settlement, disclosed April 13, would bar shareholders from suing to change poison pill plans, Liberty said.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
