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Keyword: foxnwes

WSJ: At News Corp., a Bitter Battle Over Inheritance Splits Family - Lachlan Quits Corporate Post

08/01/2005 5:48:21 AM PDT · by OESY · 3 replies · 480+ views
Wall Street Journal ^ | August 1, 2005 | MARTIN PEERS, JULIA ANGWIN and JOHN LIPPMAN

...The bitter battle has all the hallmarks of a classic family drama. It pits the toddler children of Mr. Murdoch and Ms. Deng, a Chinese-born woman in her mid-30s, against Mr. Murdoch's children from his first two marriages. One of the key debates: Who should inherit the family's $6 billion fortune and Mr. Murdoch's control of News Corp.... But despite his job title, one of the few businesses Lachlan had a free hand in managing was one of News Corp.'s smallest, the New York Post, a tabloid paper that was one of his father's first acquisitions after he moved to...

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