Time Warner Cable Inc. is loathed by many consumers and loved by many investors. It’s shareholders who may give incoming Chief Executive Officer Rob Marcus the will to reject a $62 billion offer for the company.
National Football League team owners unanimously approved the sale of the Jacksonville Jaguars to Shahid Khan, the owner of auto-parts maker Flex-N-Gate Corp. who failed in a bid last year to buy the St. Louis Rams.
News Corp. Chairman and Chief Executive Officer Rupert Murdoch was stepping onto an elevator at the Allen & Co. media gathering in Sun Valley, Idaho, last year, when he was asked about a $1.1 million settlement his company had just paid. The money went to resolve a claim that reporters at a News Corp. newspaper in London had illegally listened to the voicemail messages of a British sports official.