Murdochs reaches the Battle Succession Agreement

A battle for several years for controlling the Conservative Media Empire of Rupert Murdoch pulled to an end, his son Lachlan ready to control the News Empire.

The agreement, which the family announced on Monday, will ensure the conservative fox news inclination, the Wall Street Journal and the New York Post even after the death of Rupert, 94.

Under the agreement, Lachlan will control a new trust while the brothers and sisters Prue Macleod, Elizabeth Murdoch and James Murdoch will cease the beneficiaries of any trust with actions of Fox or News Corp.

He followed years of tension between the media magnate and three of his children on the future of family newspapers and television networks.

The internal turmoil of the Murdoch family served as inspiration for the succession of successful television drama.

As part of the agreement to put an end to the real saga, the most politically moderate ancient brothers and sisters of Lachlan are about to sell their assets in Fox and News Corp in the coming months. They will also be appointed beneficiaries of a new trust.

The newly formed trust will receive species from the sale of approximately 14.2 million actions from Corp News. and 16.9 million Fox Corp shares, adding to the existing inheritance of the brothers and sisters and allowing them to break with the conservative pension of the Conglomerate of the Media.