Fox Corporation announced that trusts established for the benefit of Prudence MacLeod, Elisabeth Murdoch and James Murdoch and his or her respective descendants and charitable organizations intend to offer an aggregate of 16.93M shares of Fox‘s Class B common stock in an underwritten public offering. The selling stockholders will receive all of the proceeds from the offering. The company is not selling any shares of Class B common stock in the offering and will not receive any proceeds from the offering. Morgan Stanley is acting as the sole underwriter for the offering.
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