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"Rupert came across very direct, very clear that this doesn't touch U.S. soil," said Jeffrey Logsdon, an analyst for BMO Capital Markets. "So if the scorched earth is going to remain unfortunately somewhere else, that's a relief."
Given Murdoch's voting control, investors shouldn't expect any big changes, says Jeffrey Logsdon of BMO Capital Markets. "Public sentiment is not what is going to be the controlling voice of what happens with corporate governance," he says.