Murdochs reach deal in succession battle
For the control of Rupert Murdoch’s conservative media empire, a year of successor war, his son Lachlan was ready to control the news empire.
The family’s agreement on Monday will allow Fox News, Wall Street Journal and the New York Post to bend even after the 94 -year -old Rupert’s death.
According to the agreement, Lachlan controls a new confidence, while brothers Prue Macleod, Elizabeth Murdoch and James Murdoch, Fox or News Corp.
The media follows the tension that lasted for years during the future of newspapers and television networks between Mogulu and three children.
The Murdoch family’s internal turmoil was a source of inspiration for Hit Television Drama successor.
Within the scope of the agreement to end the epic of real life, Lachlan’s oldest moderate brothers are preparing to sell their existence in Fox and News Corp in the coming months. They will also be called the beneficiaries of a new trust.
The newly established Trust will receive cash from the sale of about 14.2 million stakes of News Corp and 16.9 million shares of Fox Corp and add it to the current heritage of the brothers and allow the Media holding to break off from the conservative tendency.
