Fox Shareholders to Vote on Lobbying Disclosure

Fox Corp. shareholders will vote Nov. 3 whether to recommend the company annually issue a report on its federal and state lobbying activities, per a company SEC proxy filing this week. The proxy said Fox's board urges a "no" vote on the shareholder-brought proposal, saying it has "made sweeping changes to its political activities disclosures and policies this year and already publishes nearly all of the information requested by the proponent." Also on the agenda is a vote to amend Fox's certificate of incorporation to reflect Delaware law changes on officer exculpation. The board recommended a "yes" vote for that.