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Rupert Murdoch resigned from a number of News Corp. boards—including his post as director of News International, the holding company for the newspapers at the center of the U.K. hacking scandal—as the company prepares to divest its publishing and entertainment properties, according to an internal memo cited by Reuters.
After the split, which was approved by News Corp.’s board on June 27, Murdoch will remain chairman of both companies as well as CEO of the new entertainment company.
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