Rupert Murdoch Resigns from Several Boards
Rupert Murdoch has resigned from several British company boards, including the NI Group, the Times Newspaper Holdings, and Newscorp Investments. A News Corp. spokesperson said the resignations were “nothing more than a corporate housecleaning exercise,” but because those companies control UK’s The Sun, The Times and The Sunday Times, there is plenty of speculation of what this means.
The British, at least some of them, seemed pleased by Murdoch’s move. One analyst told The Telegraph, “James and Rupert have decided that they are not welcome in the UK, and they’re right.” But
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