Monday, Nov. 8, 2004 | 9:31 a.m.
Rupert Murdoch's News Corp., the world's fifth-largest media company, adopted a plan to thwart any potential hostile takeover by John Malone's Liberty Media Corp.
News Corp. said it will offer half-price stock to shareholders should Liberty double its voting stake in the company to 17 percent. Liberty said last week it may boost its holding to that level by buying $1.5 billion in News Corp. voting stock.
News Corp. put the so-called poison pill in place after Murdoch last week said he wasn't concerned about Malone gaining a larger stake in the media company.
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