Murdoch's Fox open to giving Time Warner board seats


WASHINGTON: Rupert Murdoch's 21st Century Fox is open to giving Time Warner Inc shareholders seats on the new company's board if its takeover bid succeeds, Bloomberg reported on Saturday, citing people familiar with the situation.

Board representation could appear in a revised proposal, Bloomberg cited one of the people as saying. It did not say how many board seats were being considered and added the two sides are not currently in negotiations.

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