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Rupert Murdoch Plan to Give Control to Son Lachlan Triggers Family Legal Battle
Rupert Murdoch is engaged in a legal fight with some of his children, as he tries to hand control of his media empire to his eldest son, Lachlan, a battle with major ramifications for the future of the mogul’s two companies.
Murdoch, 93 years old, controls a trust that holds the family’s substantial stakes in News Corp NWSA 1.06%increase; green up pointing triangle, parent of The Wall Street Journal, and Fox News parent Fox Corp. Under its terms, when Murdoch dies,...
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