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Murdoch family settles dispute, securing Lachlan's leadership of Fox Corp and News Corp.
Rupert Murdoch's family has reached a settlement ensuring his eldest son, Lachlan, will control the media empire, including Fox News and the Wall Street Journal.
The deal resolves a family dispute, with Lachlan's siblings, James, Elisabeth, and Prudence, receiving about $1.1 billion each for their shares.
A new $3.3 billion trust will benefit Lachlan and his younger sisters, Grace and Chloe, securing the empire's conservative direction.
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La familia Murdoch resuelve la disputa, asegurando el liderazgo de Lachlan en Fox Corp y News Corp.