Southeastern Asset Management has nearly 12 pct stake in News Corp
Sept 10 (Reuters) - Southeastern Asset Management disclosed in a regulatory filing on Tuesday that it has a stake of nearly 12 percent in Rupert Murdoch's News Corp.
The money management firm said in a filing with the U.S. Securities and Exchange Commission that it holds 23,767,700 shares, which is worth about $393 million based on News Corp's closing share price of $16.55 on Tuesday.
Southeastern held a 1 percent stake in News Corp at the end of June, according to Thomson Reuters data.
News Corp, which owns newspapers, including The Wall Street Journal, book publisher HarperCollins, pay-TV assets in Australia and the education company Amplify, recently separated from its entertainment division.
Twenty-First Century Fox Inc now operates the film studio and cable and TV properties like Fox News and the broadcast network Fox.
Southeastern and Carl Icahn were involved in a protracted effort that ended on Monday to block Michael Dell's $25 billion offer to take his namesake company private.
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