News Corp. (NWSA) is expected to suspend half the voting rights of its non-American shareholders...

|About: News Corporation (NWSA)|By:, SA News Editor

News Corp. (NWSA) is expected to suspend half the voting rights of its non-American shareholders to comply with a U.S. law limiting foreign ownership, after discovering it had breached the rule, WSJ reports. During a company review, NWSA found voting stock held by foreign investors had risen above the 25% limit set by the Communications Act of 1934.