Investors clear to sue News Corp

A US court has granted News Corporation shareholders the right to sue the company for breach of agreement and breach of contract over its poison-pill defence policy.

Delaware Chancery Court chief judge, William Chandler, dismissed three of the five charges in the suit filed by institutional shareholders but said a trial must be held on two other charges alleging breach of contract and breach of promise.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire