Brisbane Times ·general ·1 hour ago

An activist’s bid for Broncos to oust News Corp as major shareholder

Shareholder activist Stephen Mayne announced his bid to join the Brisbane Broncos board on May 19, aiming to oust News Corp as majority shareholder. Mayne criticized News Corp's near-70 percent stake as a conflict of interest in Australian sports. He plans to address governance reforms, including encouraging News Corp to reduce its ownership concentration.

Summary by Glance · Brisbane Times

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