Inside the deal ending the Murdoch 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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