Entrepreneurship

Rupert Murdoch’s bid to change his family trust is rejected

Rupert Murdoch’s proposed amendment would have blocked any interference by three of Lachlan’s siblings, who are more politically moderate.

A Nevada commissioner has rejected Rupert Murdoch’s bid to change his family trust to consolidate control of his media empire in the hands of his son Lachlan, the New York Times reported on Monday, citing a sealed court document.


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