Guardian Analysis: Lahlan finally has control of the Murdoch Empire, but the deal is a victory for opposing siblings

As a passionate rock climbing, Lahlan Murdoch is well aware of the importance of being held tightly in dangerous soil. After the most difficult ascension of his life, his rise to the top of his father’s business empire, he has now ensured that his position at the highest level is guaranteed. The agreement he reached with his older brothers, Prusns, Elizabeth and James, means that they give up their shares to the family business, giving him the long -term control that both he and Rupert Murdoch wanted. The agreement stipulates that the three brothers will receive about $ 1.1 billion each for their shares. Although at first reading it looks like a “velvet” epilogue in a toxic family history that has fascinated world public opinion and inspired a successful television series, “Succession” is in fact a victory for Prusns, Elizabeth and James. The three brothers managed to secure much higher allowances than those whose […]
Source: News Beast

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