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Fox News won't die with Rupert as Murdochs Reach Deal to Resolve Succession Fight

"The Murdoch family’s epic, decades-long succession battle has reached a multibillion-dollar finale. Lachlan Murdoch has completed an agreement to secure control of his family’s sprawling media empire for decades to come, the family announced on Monday. The deal ensures that the empire’s various outlets, including Fox News, The New York Post and The Wall Street Journal, will remain conservative after his father Rupert’s death. It is valued at $3.3 billion, according to a person with knowledge of the negotiations."

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"After their victory at the probate court in Reno, Prue, Liz and James — known in the case filings as “the objecting children” — seemed content to sit tight. The older Rupert got, the more desperate he and Lachlan became to make a deal to secure Lachlan’s control before it was too late."

TL;DR

"The objecting children" settled for $1.1B each.

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