Murdoch Family Finalizes Succession Deal to Secure Media Empire
TL;DR
The Murdoch family resolved a succession dispute by creating a new family trust that keeps control of News Corp and Fox Corp. with Lachlan Murdoch, while compensating his siblings with cash payouts and limiting their future share acquisitions, ending legal battles and securing Lachlan's leadership.
Topics:top-newsbusiness#business#family-trust#lachlan-murdoch#murdoch-family#rupert-murdoch#succession-plan
- Murdoch family resolves messy succession battle with new family trust Axios
- Rupert Murdoch buys out 3 of his children to seal fate of his media empire NPR
- Who Is Lachlan Murdoch, the Media Prince Who Would Be King The New York Times
- Murdochs reach deal in succession battle over media empire BBC
- Murdoch family resolves dispute over ownership in multibillion-dollar deal The Washington Post
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