CosmicTaco

Rupert Murdoch's Bid to Cement Son's Control Fails

CosmicTaco · 2024-12-10T15:05:38.563031+05:30

- Nevada commissioner ruled against Rupert Murdoch's attempt to secure Lachlan's control over the media empire. - The ruling described the plan as a 'carefully crafted charade' and emphasized the bad faith actions of Rupert and Lachlan. - Control of the empire remains equally divided among Murdoch's four oldest children, maintaining the original trust agreement. Source: [Hindustan Times](https://www.hindustantimes.com/business/rupert-murdoch-loses-battle-to-change-family-trust-empire-control-to-lachlan-101733792349575.html), [Mint](https://www.livemint.com/news/us-news/rupert-murdoch-loses-legal-battle-for-sons-control-of-media-empire-11733791146827.html)

Nevada commissioner ruled against Rupert Murdoch's attempt to secure Lachlan's control over the media empire.
The ruling described the plan as a 'carefully crafted charade' and emphasized the bad faith actions of Rupert and Lachlan.
Control of the empire remains equally divided among Murdoch's four oldest children, maintaining the original trust agreement.

Source: Hindustan Times, Mint