Lachlan Murdoch will take control of a new family trust in a deal worth $3.3 billion, ensuring that his father’s media empire will retain its conservative slant.
Category: Murdoch, Prudence
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Inside the Murdochs’ Succession Drama
More than 3,000 pages of documents reveal how years of betrayals led to a messy court battle that threatens the future of Rupert’s empire.
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Rupert Murdoch’s Appeal to Alter Family Trust Faces Uphill Battle
Mr. Murdoch’s appeal over whether he can consolidate his son Lachlan’s power over his media empire is due just before Christmas.
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How Rupert Murdoch Could Fight Back After a Big Legal Defeat
Rupert Murdoch lost a bid to rewrite a family trust to give his son Lachlan control of his empire after he dies. But the nonagenarian media titan plans to appeal.
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Inside the ‘Shakespearean Drama’ of the Murdoch Family
The reporters Jim Rutenberg and Jonathan Mahler, experts on the Murdoch empire, reflect on the revelation and implications of a clandestine legal battle.