Thursday, December 14, 2017

The Murdoch dynasty opens another surprise chapter | Jane Martinson

The gripping story beneath the Disney-21st Century Fox merger is what this means for Rupert Murdoch and his youngest son James

James Murdoch kept a life-size model of Darth Vader outside his office when he ran the British arm of his father’s media empire, either unaware or unconcerned by comparisons to evil empires or dysfunctional father-son relations.

In agreeing to sell $66bn (£49bn) worth of assets in 21st Century Fox to Disney, the owners of the Star Wars franchise, the Murdochs have once again proved that, a bit like the jedi saga, there is always another chapter. And more surprises.

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from Mergers and acquisitions | The Guardian http://ift.tt/2kwnFrY

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