The secret loan to secure Rupert Murdoch’s succession

A consecutively worthy of the HBO drama helps to inspire the family in the war, and intense negotiations between the fighting family members emerged for months. It was a ruthless process that saw that opposing groups applied to communicate through lawyers.

It was critical politics for conflict.

In 2023, the heir Lachlan, who took over the daily run of Murdoch businesses, is closely compatible with his father, James, Elisabeth and Prudence Murdoch is more liberal.

For Rupert, it was very important to secure the right -wing stance of media assets. In an e-mail published during the Nevada hearing, he wrote: “Fox and our articles light conservative sounds against monolithic liberal media.

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The final solution was complicated. Through the previous Family Trust, Rupert won 40 percent of the vote in both News Corp and Fox. This will be replaced with a new confidence controlled by Lachlan, but the shares in the two companies were diluted up to 33 percent and 36 percent, respectively.

News Corp and Fox forced Morgan Stanley to sell approximately $ 1.4 billion worth of shares on behalf of three children who left confidence. Crudence, Elisabeth and James will receive $ 1.1 billion in exchange for shares.

“I’m not surprised that the brothers went for money,” he says, a former Murdoch manager. “There is always a control to solve these disputes.”

However, the exact details of the complex arrangement are dark. Although it is thought to include Australian corporate investors and retirement funds, it is not yet known who bought shares in News Corp and FOX, which is defined by Analyst Claire Enders as “some transparent investment with some transparency”.

Possible Middle East Participation

Murdoch provided more funds in the form of a loan of $ 1 billion. Although it is believed to be achieved by JPMorgan, it is not clear which fund is used or where the money is caused.

This optiness increases the likelihood of Middle East participation, especially when Murdoch has previously taken into consideration the previous ties with wealthy Arabs. Saudi Arab billionaire prince Alwaleed bin Talal was a long -standing investor. World News The phone exploded in 2011.

Any participation of the sovereign reserve funds will steal the alarm bells after new laws that prohibit the ownership of British newspapers by foreign states.

The laws were introduced as a response to the failure of the failure this year. Telegram The ownership of 15 percent foreign states by the UAE -supported Fund Redbird. While a holding requires an investment to inform the Minister of Foreign Affairs of 5 percent or more, it can be examined if any debt regulation is considered to have an impact on the title.

Murdoch’s news became a vocal rival of the laws, and at the beginning, 5 percent lobbyed to raise the threshold of ownership limit.

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In response to a state consultancy earlier this year, a 15 percent border would “provide clarity for all stakeholders and avoid continuous investment in the UK media and newspaper industry while being properly protected against the influence of foreign state”.

News is not considered to be informed about the participation of any foreign state to ministers. A source who knows the transaction, said that the third parties did not participate in the loan. News Corp refused to comment on the source of financing.

Regardless of the source of money, Murdoch’s supporters claim that the agreement has eliminated a great uncertainty hanging on the empire.

Lachlan said, “Our strategy will be consistent. Open and very sustainable,” Lachlan said. “We can focus on returning capital to investors, increasing our profitability, and most importantly, to invest in our basic brands and especially our great journalism.”

However, the mysterious investment leaves some questions about the future aspect of Murdoch’s empire.

The new Trust guarantees Lachlan’s control by at least 2050. But many believe that Murdoch’s death will be a real game replacement.

End The future of the empire is as it is until he leaves this world, End says Enders. “I think it is unlikely to have any changes in assets while I think.”

More, more changes can be survived. Earlier this year, Lachlan launched a violated transfer proposal for Rightmove via the Australian real estate group Rea, which proved to be the most savval investment. The newly crowned Mogul can look at more agreements to remove the group from media assets.

More controversial, he can avoid sensuality and decide to sell the group’s missing Australian newspapers. Enders describes Lachlan as “extremely pragmatic ..

Nevertheless, the process of succession diligated Lachlan’s grip on the empire. The future role that benefits from the new confidence of Chloe and Grace’s marriage of Rupert’s marriage to Wendi Deng is another unknown role.

Meanwhile, Murdochs already faced the opposition of investors. In addition to the rebellion of the shareholder on the proposed merger between News Corp and Fox, the activist starboard value tried to break the grip of the family by removing a double -class stock structure. He also pushed for a division of Rea.

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Therefore, the agreement seems to have secured the future of the Murdoch Empire for the next decades, but the Interregnum atmosphere is still reigning. Former Editor David Dinsmore’s surprise decision Sun And Murdoch Lieutenant, who has been serving for a long time, has been seen as a sign of this uncertainty by many people accompanied by a movement wage-to leave a communication role in No 10.

Rupert Murdoch’s ability to make an agreement with his family family will probably be seen as one of the last and most important victories for the Media Mongolry. However, the future of the empire is far from being guaranteed.

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