Murdoch family reaches deal to resolve succession fight over media empire | Rupert Murdoch
The successor of the successor of the Rupert Murdoch’s media empire ended.
The family announced on Monday that Murdoch’s eldest son, Lachlan Murdochs, said that Murdochs will secure the control of the expanding media empire, including Fox News, The Wall Street Journal and the Times in England, and received an estimated $ 1.1 billion for the shares of his three largest brothers.
The agreement sometimes ends a bitter legal war to control the work of his 94 -year -old father, who is among the oldest children of Murdoch, reminiscent of the alleged HBO show consequence, inspired by the Murdoch family. It also maintains the conservative bending of the media company; Lachlan Murdoch is considered the most conservative of Murdoch’s oldest children.
Lachlan is the current president of News Corp, the parent company of more than two dozens of publications, including The Journal, Times and New York Post after accomplishing his father in 2023.
In accordance with the agreement, Prudence Macleod, Elisabeth Murdoch and James Murdoch will be the beneficiaries of a trust that will host the revenues of the sale.
The three children took their voting forces to wrestling and leaving Lachlan to the court in Nevada Reno after trying to leave Lachlan with a single control of companies in a Murdoch project called “Project Family Harmony ..
Accordingly Court recordsMurdoch said he believed that Lachlan was best to direct the media empire to the future while asking for adaptation to the family, especially for others.
Elisabeth wrote to his ex -wife Anna, Lachlan and James’ mother, “He likes nothing but peace everywhere.” “But the truth is that the Lachlan is best to run the business – in and out there!”
The family finally agreed to a purchase after the lawsuit that was held for months. New York Times.
Last December, the Nevada commissioner Edmund Gorman, Rupert and Lachlan Murdoch’un Murdoch’un Murdoch’un the fourth of the fourth of the company’s control of the company’s control of the attempts to change the conditions of irreversible confidence in the conclusion that they acted.
Gorman’s 96 -page view Murdoch and his eldest son accused the ruling roles of cement Lachlan Murdoch permanently with a carefully prepared Charade ”and“ permanently prepared Charade ”.
“News Corp welcomes these developments and believes that Lachlan Murdoch, the chairman of the company, will continue to be important to direct the company’s strategy and success by Lachlan Murdoch.”
