Real-Life Succession Drama Comes To An End
Seeking Alphaยท2025-09-09 11:16
Keys to the kingdom Lachlan Murdoch has emerged victorious in a bitter $5B battle for control of the Murdoch family media empire. It's a big deal, with the business owning many media assets under News Corp (NWS) and Fox Corp (FOX) umbrellas, ranging from the Wall Street Journal to The Sun and the Fox broadcast network. Lachlan had already been leading the empire over the past few years, with his founding father, the 94-year-old Rupert Murdoch, driving from the backseat as Chairman Emeritus.The terms: ...