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Rupert Murdoch's retirement raises the curtain on his last act

Rupert Murdochs decision to step back from day-to-day oversight of his media empire paves the way for his son, Lachlan, to take control. However, it remains uncertain who will control the trust that votes the familys shares after Rupert Murdochs death. Speculation suggests that a full merger between Fox Corp. and News Corp. could be attempted again, but this would likely be preceded by a sale of parts of News Corp., including its real estate business.
New York United States Ross Levinsohn Jon Miller Lachlan Murdoch Los Angeles

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