News Corp. Chief Operating Officer Chase Carey, reacting to thescandal over phone hacking at the News of the World tabloid, isholding discussions with some large investors over governance andother concerns.
The California State Teachers' Retirement System, which held3.86 million News Corp. Class A shares as of June 30, plans to meetwith top officials soon, said Ricardo Duran, a spokesman.
“Calstrs is involved in the engagement process, which includessending letters, holding conference calls and meetings, with NewsCorp. management,” Duran said in an e-mail. “Because this isdelicate, we cannot say anything further about our efforts.”
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