News Corp sued over 'poison pill'

Murdoch's News Corp runs Fox News and is openly partisan. If he and his family lose control of the Corp., the 'invisible hand' of the market place would take precedent over the visible hand of Rupert 's politics.

News Corp. is being sued for protecting the Murdoch family's controlling interests from a potential takeover.

News Corp sued over 'poison pill': "Takeover fears

News Corp originally invoked the so-called 'poison pill' measure in August last year amid fears that Liberty Media was about to launch a hostile takeover bid for the group.

The move would ensure the Murdoch family, which holds 29.5% of the firm, remained in control to ward off any such bid.

Liberty fuelled speculation about its intentions after it boosted its stake in News Corp stock offering voting rights from 9% to 17%.

Despite Liberty denying that it planned to make any play for the media giant, News Corp reacted by outlining plans for a 'poison pill' measure to protect the group."