Rupert Murdoch’s three grown children will retain control of his media empire after his death, a Nevada court has ruled. Murdoch had tried to take away their voting power and give it exclusively to his eldest son, Lachlan. Secret Litigation The ruling, reported by The New York Times, was issued in a sealed document on Saturday. The family dispute was conducted in secret, despite efforts by the media to gain access to the trial. Murdoch sued his three children, James, Elizabeth and Prudence, to remove their equal voting rights in the trust he created. The trust gives his four grown children equal voting rights over his empire, which includes Fox News and News Corp. Murdoch wished to cede full control to Lachlan, his eldest son. This change would not affect their financial inheritance, but […]
Source: News Beast
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