Rupert Murdoch had wanted to amend his irrevocable family trust, which gives his four eldest children equal voting shares upon his death. Under the proposed change, Lachlan – who more closely ...
A real-life "Succession" battle for Rupert Murdoch's media empire has ended with a Nevada court commissioner denying the billionaire's bid to change a family trust and give control to his eldest son.
The trust gives Murdoch's four eldest children equal voting power after his death. Under the proposed change ... among all family members.” Lachlan Murdoch, left, and Rupert Murdoch.
Rupert Murdoch's attempt to give his eldest ... tussle saw the 93-year-old media mogul fail in his bid to change his family trust, which now gives his four oldest children equal voting power ...
Murdoch, 93 years old, had sought to amend a trust holding the family’s assets ... who stood to lose voting power, opposed the change. Rupert Murdoch can ask a probate judge to review the ...
Rupert Murdoch ... family trust that governs Fox Corp. and News Corp. was rebuked last week in probate court in Las Vegas, thwarting — at least for now — the media mogul’s efforts to change ...
Rupert Murdoch in New York City on October 8. Rupert Murdoch cannot amend his family trust to put the power of his media companies in the hands of his chosen successor, a Nevada commissioner has ...
A probate court has ruled against Rupert Murdoch ... on Saturday found that Murdoch acted in “bad faith” in attempting to change the terms of the irrevocable family trust — the instrument ...
Billionaire business mogul Rupert Murdoch lost a bid this week to change a family trust to consolidate control of his media company around his eldest son Lachlan. A Nevada commissioner ruled ...