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Church of England bails out of its stake in News Corporation

Tuesday, August 7, 2012

WN.com - Business News
Latest headlines from WN Network
Church of England bails out of its stake in News Corporation
Aug 8th 2012, 02:00

The church is selling its £1.9m shareholding because it was not convinced that News Corp had sufficiently reformed in response to the scandal. The decision comes after a year of negotiations between News Corp executives and the Church's Ethical Investment Advisory Group, which has been reacting to "serious concerns" among the church's investing bodies over the revelations...
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