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Murdochs reach deal in succession battle

Source: BBC

A years-long succession battle within Rupert Murdoch's conservative media empire has drawn to a close, with his son Lachlan set to control the news group.The deal, which the family announced on Monday, will ensure the ongoing conservative leaning of Fox News, The Wall Street Journal and The New York Post even after 94-year-old Rupert's death. Under the agreement Lachlan will control a new trust while siblings…

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Read the original source at BBC