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The owner of Fox News, the Wall Street Journal and dozens of other media properties has settled a legal fight with three of his own children over who would control his companies after his death.
The Murdoch family has structured a reported $3.3-billion settlement to buy out the stakes of James Murdoch, Elisabeth Murdoch and Prudence MacLeod.
Rupert Murdoch’s family has reached a deal on control of his media empire after his death. The agreement ensures no change in direction at Fox News, a popular network for President Donald Trump and conservatives.
The multibillion-dollar deal brings an end to legal conflicts that captured global attention and cements a clear future for the companies at the center of American and internation
Rupert Murdoch's family has reached a deal on who will control the 94-year-old media empire after Murdoch's death.
President Trump's historic second state visit to the UK featured a Windsor Castle dinner attended by Rupert Murdoch and major technology and finance executives.
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JUST IN: Lachlan Murdoch, Rupert’s Handpicked Heir, Gets Control of Fox News and Other Murdoch Media Outlets in $3.3B Deal
Lachlan Murdoch has secured control of the media empire his father, Rupert Murdoch, built in a $3.3 billion deal on Monday that ends years of squabbling over who will lead outlets like Fox News, The Wall Street Journal, and the New York Post following the mogul’s death.
Rupert Murdoch is pictured walking with a cane in his first public appearance since the mogul bought out three of his children to seal fate of media empire.