News Corp. Agrees to Limit Family’s Control

News Corp. agreed to measures that would limit the Murdoch family’s control over the media company to win the support of investor groups that had threatened to oppose the company’s plan to move to the U.S. from Australia.

News Corp. won’t issue stock that carries more than one vote and will allow investors with a combined 20% of voting shares to call a shareholder meeting, the Sydney-based company said in a statement.