Leave a Reply
You must be logged in to post a comment.
Menu There is no diplomatic solutionIsrael should declare three nos;
no to nuclear Iran, no to two-state solution, no to bi-national state
no to nuclear Iran, no to two-state solution, no to bi-national state
Blackrock doesn’t really have a “stake” in Fox. Blackrock is the largest investment advisory company in the US with mutual funds and other investment advisory businesses.
That means it invests in companies by buying equities on exchanges and places the stocks in one of its many mutual funds or agency or fiduciary accounts. It does the same with thousands of stocks on domestic and foreign exchanges around the world. They are more a custodian in this case vs. a 20% owner of the company as if there were (5) owners each with 20%. That is a direct investment.
Notice investment advisory firms: Dodge & Cox plus Vanguard indirectly own 15% of the company vs Blackrock’s 4%. This is as of the latest filings as of 12/31/2022. The Murdoch family still owns 43% of all the stock so they are still in control as they can put in any poison pill they want to prevent outsider interference or control.
https://finance.yahoo.com/quote/FOX/holders?p=FOX
I still detest Larry Fink and Blackrock.
Wow, how did we get in position where Blackrock, Vanguard who owns them (I think) control investment in almost every company and pushing this ESG agenda?
What control do they have on companies in Israel?
How can the People decouple from these cockroaches?