Carey to step down from board

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News Corp. said Monday that DirecTV Group president and CEO Chase Carey plans to resign from its board once News Corp. and Liberty Media Corp. complete their planned $11 billion asset swap, which will transfer a controlling stake in DirecTV to Liberty. In a U.S. Securities and Exchange Commission filing, News Corp. said Carey's resignation isn't the result of any disagreement. News Corp. shareholders have approved the transaction, which now awaits approval from the FCC.
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