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Good News

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BigmanPigman

(52,357 posts)
Thu Jun 23, 2022, 04:03 PM Jun 2022

Jerry Hall divorcing Rupert Murdoch [View all]

https://www.nytimes.com/2022/06/22/business/media/rupert-murdoch-divorce-jerry-hall.html

"The media mogul’s fourth divorce is unlikely to change the ownership structure of Mr. Murdoch’s empire, but it could reverberate through companies such as Fox News and The Wall Street Journal".

"Rupert Murdoch, the media titan, and Jerry Hall, the model and actress, are getting divorced, according to two people with knowledge of the decision. The people would speak only anonymously to discuss a personal matter."

"Mr. Murdoch’s divorce, his fourth, is unlikely to alter the ownership structure of businesses he holds stakes in, which include parent companies of Fox News and The Wall Street Journal. The Murdoch family’s shares in the companies Mr. Murdoch founded reside in a strictly managed trust. Mr. Murdoch splits voting rights over that trust with his four oldest children — Lachlan, Elisabeth, James and Prudence — and has arranged them so that he can never be outvoted."

*Did she finally wake up and smelled the coffee?
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