News Corp in $139 mln shareholder lawsuit settlement

April 22 Mon Apr 22, 2013 8:29am EDT

April 22 (Reuters) - News Corp on Monday said it reached a deal to settle shareholder litigation over the board of directors' actions related to the company's phone hacking scandal and other earlier matters.

The company, in a statement, said the board defendants would pay $139 million to settle the suits.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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