News Corp Announces Pricing of Secondary Offering of Class B Common Stock

Core Viewpoint - News Corporation has announced the pricing of a secondary offering of 14,071,293 shares of its Class B common stock at a public price of $32.45 per share, with proceeds going entirely to the selling stockholders [1][2]. Offering Details - The offering is being conducted by trusts for the benefit of Prudence MacLeod, Elisabeth Murdoch, and James Murdoch, along with their descendants and charitable organizations [1][2]. - News Corp will not sell any shares or receive any proceeds from this offering [2]. - Morgan Stanley is acting as the sole underwriter for the offering [2]. Regulatory Information - The offering will be made only through an effective registration statement and a prospectus filed with the U.S. Securities and Exchange Commission (SEC) [3]. - Interested investors are advised to read the prospectus and related documents for complete information about the offering [3]. Company Overview - News Corp is a global, diversified media and information services company, focusing on creating and distributing authoritative content across various media sectors, including news, digital real estate services, and book publishing [4]. - The company operates primarily in the United States, Australia, and the United Kingdom, with its products and services distributed worldwide [4].