Will News Corporation’s Top Institutional Shareholders Approve Of This Acquisition?

Shine Group, a subsidiary of News Corp. (NASDAQ:NWSA) (NASDAQ:NWS), is gearing up to make an acquisition of Big Talk Productions, the U.K.’s eighth largest indie production house. It will be the first big move in the region for Shine, since coming under control of News Corp. over two years ago. The deal could be worth between 15 and 20 million pounds.

These institutional firms indicated owning shares of News Corp. in Q1 2013. They reported owning a total of 6.297 million shares on 03/31/2013. The shares closed at $30.51 on 03/31/2013.

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Here are the ten largest positions in News Corp. at the end of March 31st, 2013.

Atalanta Sosnoff Capital LLC held 4,131,036 shares on 03/31/2013 worth $126,038,000. This brought the portfolio total to 2.95%.

British Columbia Investment Management Corp. held 1,103,261 shares on 03/31/2013 worth $33,660,000. This brought the portfolio total to 0.39%.

First Citizens Bank & Trust Co. held 429,118 shares on 03/31/2013 worth $13,092,000. This brought the portfolio total to 0.41%.

Sumitomo Mitsui Asset Management Company LTD held 177,319 shares on 03/31/2013 worth $5,411,000. This brought the portfolio total to 0.16%.

Advantus Capital Management Inc. held 168,887 shares on 03/31/2013 worth $5,152,742. This brought the portfolio total to 0.23%.

Beese Fulmer Investment Management Inc. held 105,228 shares on 03/31/2013 worth $3,211,000. This brought the portfolio total to 1.44%.

Wolverine Asset Management LLC held 65,050 shares on 03/31/2013 worth $1,984,000. This brought the portfolio total to 0.05%.

Country Fund Management held 52,100 shares on 03/31/2013 worth $1,589,571. This brought the portfolio total to 0.55%.

Fruth Investment Management held 23,250 shares on 03/31/2013 worth $709,000. This brought the portfolio total to 0.4%.

BB&T Corp. held 18,235 shares on 03/31/2013 worth $556,000. This brought the portfolio total to 0.02%.

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