Rupert Murdoch Seeks Family Trust Amendment to Leave Lachlan in Charge: Report [Yahoo! Finance]
Fox Corporation - Class B (FOX)
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Source: Yahoo! Finance
family trust in order to leave eldest son Lachlan Murdoch in charge after his death, according to an investigative report published Wednesday by the New York Times. The Times report is based in part on a 48-page decision by a Nevada probate commissioneer that was filed under seal but obtained by the newspaper. Three of Rupert Murdoch's four adult children — Prudence, Elisabeth and James — are fighting their father's efforts to adjust the trust. The battle has so far played out in secret but will now be closely watched as the probate commissioner considers petitions filed by the three younger Murdochs. More from Variety Hunter Biden Drops Lawsuit Against Fox News Trump Attack Sends TV News Anchors Scrambling to Cover RNC, Preparing for 'Animosity Toward the Press' Hunter Biden Sues Fox News Over Fictionalized 'Mock Trial' Series, Alleging Violation of New York Revenge Porn Law According to the Times, Rupert Murdoch is motivated by the desire to ensure that the Fox News, the
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