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Squaregles Building Systems Makes Debut at Art Basel in Miami

Retrieved on:

Thursday, November 30, 2023

HIGHLAND PARK, Ill., Nov. 30, 2023 /PRNewswire/ -- Squaregles, the next-level building toy that combines multiple play patterns and child interests in every magnetic connection, is partnering with the leading Miami magnet art schools in celebration of the renowned 2023 Art Basel fair in Miami, Florida. On December 5, 2024, the highly regarded Design and Architecture Senior High School (DASH) and New World School of the Arts (NWSA) will launch the December exhibitions and create one-of-a-kind, three-dimensional sculptures using Squaregles magnetic frames, panels, Oggs characters and other materials for an immersive installation as part of the MAKING MIAMI exhibition in Miami's Design District. The public can experience and interact with the installation throughout December.

Key Points:

HIGHLAND PARK, Ill., Nov. 30, 2023 /PRNewswire/ -- Squaregles, the next-level building toy that combines multiple play patterns and child interests in every magnetic connection, is partnering with the leading Miami magnet art schools in celebration of the renowned 2023 Art Basel fair in Miami, Florida.
"It is an honor for DASH and NWSA to celebrate the pivotal role they have historically played in shaping the Miami art community.
The immersive experience designed by the students will include a geodesic dome, coral reef, and other fantastical sculptures made of Squaregles systems.
STEAM-accredited Squaregles is a perfect medium for Art Basel encouraging children, regardless of age or ability, to explore their creativity.

Starboard Value Issues Presentation Delivered at 13D Monitor’s 2023 Active-Passive Investor Summit

Retrieved on:

Tuesday, October 17, 2023

Professional Services, Finance, News Corporation, NYSE, News, NWSA

Starboard Value LP (together with its affiliates, "Starboard" or “we”) today announced that Jeffrey Smith, the firm’s Chief Executive Officer and Chief Investment Officer, delivered a presentation at the 2023 Active-Passive Investor Summit to highlight value creation opportunities at three companies: News Corporation (Nasdaq: NWSA), Fortrea Holdings Inc. (Nasdaq: FTRE) and GoDaddy Inc. (NYSE: GDDY).

Key Points:

Starboard Value LP (together with its affiliates, "Starboard" or “we”) today announced that Jeffrey Smith, the firm’s Chief Executive Officer and Chief Investment Officer, delivered a presentation at the 2023 Active-Passive Investor Summit to highlight value creation opportunities at three companies: News Corporation (Nasdaq: NWSA), Fortrea Holdings Inc. (Nasdaq: FTRE) and GoDaddy Inc. (NYSE: GDDY).
The full presentation and the respective presentations for the aforementioned companies can be found at: https://www.starboardvalue.com/presentations .

K. RUPERT MURDOCH TO BE APPOINTED CHAIRMAN EMERITUS OF FOX CORPORATION AND NEWS CORP

Retrieved on:

Thursday, September 21, 2023

FOX, Shareholder, News Corp, Annual, News Corporation, NWSA, NWS, News, Fox Corporation, Management

LOS ANGELES and NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Following a career that began nearly 70 years ago in 1954, Fox Corporation ("FOX") (Nasdaq: FOXA, FOX) and News Corporation ("News Corp") (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) announced today that Rupert Murdoch is stepping down as chairman of each board effective as of the upcoming Annual General Meeting of Shareholders of each company in mid-November.

Key Points:

LOS ANGELES and NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Following a career that began nearly 70 years ago in 1954, Fox Corporation ("FOX") (Nasdaq: FOXA, FOX) and News Corporation ("News Corp") (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) announced today that Rupert Murdoch is stepping down as chairman of each board effective as of the upcoming Annual General Meeting of Shareholders of each company in mid-November.
Mr. Murdoch will be appointed Chairman Emeritus of each company.
Following the Annual General Meetings, Lachlan Murdoch will become sole Chair of News Corp and continue as Executive Chair and Chief Executive Officer of Fox Corporation.
We are grateful that he will serve as Chairman Emeritus and know he will continue to provide valued counsel to both companies."

Financial Literacy for All Welcomes American Express, Dow Jones, and Moderna to its Mission of Advancing Financial Literacy

Retrieved on:

Thursday, May 25, 2023

“We welcome the addition of these leading companies to our coalition with profound appreciation,” said Co-Chair Bryant.

Key Points:

“We welcome the addition of these leading companies to our coalition with profound appreciation,” said Co-Chair Bryant.
“The significance, reach, and impact that these leading organizations will have on our mission to enhance the financial landscape of our nation is incredible.
Their commitment underscores the power of collective action and the shared responsibility we, as leaders in the private and non-profit sectors, have in empowering individuals through financial literacy.
Together, we are helping by creating a future where financial literacy is not a privilege for some, but a fundamental right for all.”
To follow the progress of Financial Literacy for All, please visit FL4A.org .

Dow Jones and TuneIn Launch WSJ Radio

Retrieved on:

Thursday, May 4, 2023

TuneIn, the world’s leading live-streaming audio service, announced today a new commercial partnership with Dow Jones to launch the WSJ Radio channel on TuneIn, with curated audio content from Dow Jones’s award-winning publications: The Wall Street Journal, Barron’s, MarketWatch and Investor’s Business Daily.

Key Points:

TuneIn, the world’s leading live-streaming audio service, announced today a new commercial partnership with Dow Jones to launch the WSJ Radio channel on TuneIn, with curated audio content from Dow Jones’s award-winning publications: The Wall Street Journal, Barron’s, MarketWatch and Investor’s Business Daily.
The WSJ Radio channel will feature Dow Jones’s trusted journalism, unmatched exclusives and insightful coverage of the business world and beyond.
The WSJ Radio channel will feature 24/7 programming and will be available globally, for free in an ad-supported stream and commercial-free for TuneIn Premium listeners.
“We’re thrilled to be able to partner with Dow Jones as they are the go-to source for international business news and data,” said Richard Stern, CEO of TuneIn.

BNSF Railway Announces 2022 Economic Development Results

Retrieved on:

Tuesday, February 14, 2023

BNSF Railway Company (BNSF) today reported investments from customers served by the freight rail provider in 2022 that totaled more than $1.6 billion.

Key Points:

BNSF Railway Company (BNSF) today reported investments from customers served by the freight rail provider in 2022 that totaled more than $1.6 billion.
As a result of customer investments, BNSF projects supported the creation of more than 3,200 new jobs in local communities.
This marks the 12th consecutive year that BNSF customers and local economic development organizations have invested more than $1 billion in a calendar year for new or expanded facilities.
View the full release here: https://www.businesswire.com/news/home/20230214005421/en/
Northwest Seaport Alliance at Terminal 5 in Seattle, Washington (Photo: Business Wire)
“At BNSF, we listen to our customers to create customizable rail development solutions that can be big or small in scope,” said Chris Danos, assistant vice president, economic development.

Irenic Capital Comments on Withdrawal of Proposal to Combine News Corp and Fox

Retrieved on:

Tuesday, January 24, 2023

Adam Katz, Co-Founder and Chief Investment Officer of Irenic, commented:

Key Points:

Adam Katz, Co-Founder and Chief Investment Officer of Irenic, commented:
“Irenic is encouraged that Executive Chairman Rupert Murdoch and Co-Chairman Lachlan Murdoch have concluded that a combination with Fox is not in the best interests of News Corp and its shareholders.
This is the right decision.
Looking ahead, News Corp has an opportunity to create substantial value for its owners.
News Corp owns an exceptional – yet disparate – collection of assets and businesses that is worth far more than the Company’s current trading price.

Announcement by News Corp's Board of Directors on Potential Combination with Fox Corporation

Retrieved on:

Tuesday, January 24, 2023

Entertainment, Communications, Other Entertainment, TV and Radio, Online, Media, Publishing, NWSA, News Corp, Fox Corporation, Letter, NWS, FOX, Corporation, Committee, News Corporation, Philippine House Special Committee on Flagship Programs and Projects, News

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) announced today that the Company’s Board of Directors received a letter from K. Rupert Murdoch withdrawing the proposal to explore a potential combination of News Corp and Fox Corporation (“FOX”) (Nasdaq: FOXA, FOX).

Key Points:

News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) announced today that the Company’s Board of Directors received a letter from K. Rupert Murdoch withdrawing the proposal to explore a potential combination of News Corp and Fox Corporation (“FOX”) (Nasdaq: FOXA, FOX).
In withdrawing the proposal, Mr. Murdoch indicated that he and Lachlan K. Murdoch have determined that a combination is not optimal for shareholders of News Corp and FOX at this time.
As a result of this action, the Special Committee of the Board of Directors of News Corp has been dissolved.
The Board would like to express its appreciation for the Special Committee's efforts on this matter.

Emma Tucker Named Next Editor-in-Chief of The Wall Street Journal and Dow Jones Newswires; Matt Murray Takes New Role at News Corp

Retrieved on:

Monday, December 12, 2022

Emma Tucker has been named the next Editor-in-Chief of The Wall Street Journal and Dow Jones Newswires, succeeding Matt Murray, who will take on new projects in a senior role at News Corp, reporting to Chief Executive Robert Thomson.

Key Points:

Emma Tucker has been named the next Editor-in-Chief of The Wall Street Journal and Dow Jones Newswires, succeeding Matt Murray, who will take on new projects in a senior role at News Corp, reporting to Chief Executive Robert Thomson.
Mr. Murray was named Editor-in-Chief of the Journal and Dow Jones Newswires in June 2018.
Her global vision and experience will be particularly important at a time of immense international opportunity for The Wall Street Journal.
The Journal and Dow Jones are poised to further extend their impact, reach and influence with Emma at the helm.

News Corp’s Special Committee of the Board of Directors Provides Update

Retrieved on:

Monday, December 5, 2022

Media, Communications, Publishing, Security (finance), Fox Corporation, Sullivan & Cromwell, Committee, Information services, United Kingdom, Canadian House of Commons Special Committee on Electoral Reform, NWS, Uncertainty, NWSA, PJT Partners, News Corp, Oliver Cromwell, News

The Special Committee is made up of all the independent directors not affiliated with the Murdoch family--Kelly Ayotte, José María Aznar, Natalie Bancroft, Ana Paula Pessoa, Masroor Siddiqui—and is chaired by Mr. Siddiqui, News Corp’s Lead Independent Director. The Special Committee has been delegated full authority to evaluate the Proposed Transaction. The letters indicated that Mr. Murdoch and the Murdoch Family Trust will not vote in favor of a transaction unless it is both recommended by the Special Committee and approved by a majority vote of the shares held by non-affiliated stockholders entitled to vote.

Key Points:

The Special Committee is made up of all the independent directors not affiliated with the Murdoch family--Kelly Ayotte, Jos Mara Aznar, Natalie Bancroft, Ana Paula Pessoa, Masroor Siddiquiand is chaired by Mr. Siddiqui, News Corps Lead Independent Director.
The Special Committee has been delegated full authority to evaluate the Proposed Transaction.
The Special Committee is in the process of reviewing thoroughly the Proposed Transaction, and has retained independent advisors consisting of PJT Partners as its financial advisor and Sullivan & Cromwell LLP as its legal advisor.
The Special Committee is cognizant of its fiduciary duties in representing the shareholders of News Corp, and will provide further updates as and when the Special Committee deems such updates are appropriate or required.