The lawsuit was originally filed in March 2011 over News Corp's agreement to buy Shine, a TV production company owned by Elizabeth Murdoch, the News Corp chairman's daughter, for $670m. It was amended after the phone hacking scandal emerged.
However, despite this loss, it is two other deals, for Shine and BSkyB, which have most exercised shareholders. In February, News Corp paid $615 million for the Shine Group, a media company owned by Ruperts daughter Elizabeth Murdoch, whose personal windfall from the sale was $250 million.
Date: Jul 21, 2011
Category: World
Source: Google
Rebekah Brooks to be questioned by police over phone hacking
The couple are at the heart of what has come to be known as "the Chipping Norton set", which includes the PR mogul Matthew Freud, his wife Elizabeth Murdoch, Ruperts daughter, along with Mr Cameron and his wife Samantha, whose constituency house is close to the Brooks country home in
His family home is six miles from the Camerons' constituency cottage and a short drive from the homes of Rebekah Brooks, the chief executive of News International, Elizabeth Murdoch, a board director of News Corp, and Steve Hilton, Cameron's director of strategy in Downing Street.