Published

Lachlan Murdoch faces News Corp shareholder rebellion over Rupert succession plan

Summary by iNews
A year after winning the succession battle to run his father’s media empire, Lachlan Murdoch faces a crunch meeting as rebellious shareholders force a vote in an effort to break his control over the $30bn (£23.7bn) business. Rupert Murdoch’s move to install his eldest son as the unchallenged boss of the Fox and News Corporation businesses is now facing a dual threat, with shareholders joining Lachlan’s own siblings in opposing the dynastic plan.…
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