Rupert Murdoch Sells News Corp. Shares For $62 Million

11/22/2011 08:50 am ET | Updated Jan 22, 2012

News Corp. Chief Executive and Chairman Rupert Murdoch sold off the bulk of his common shareholding according to a regulatory filing but, have no fear the 80 year-old mogul is still very much in charge both in terms of management and financial control.

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