Original article by Myriam Robin
The Australian Financial Review – Page: 13 & 16 : 18-Feb-25
A dispute among the members of the Murdoch family over the future control of their media empire has been aired in public in recent days, with particular reference to an interview with James Murdoch. The dispute centres around the attempts of Rupert Murdoch to change the terms of a family trust so that his favoured son Lachlan gets sole control of it, while his siblings James, Elisabeth and Prudence miss out on what would be eventually gaining a majority control of it. Rupert Murdoch’s efforts have so far failed, and an appeal against a legal decision that went against him is not likely to succeed. It is suggested that the dispute could be settled by buying out James, Elisabeth and Prudence on terms that are more favourable than the 60 per cent of market value that they have been offered.
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