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Rupert Murdoch stock takes surprising turn after announcement

Por: Newsweek Business September 21, 2023

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News Corp stock took a surprising turn after corporate titan Rupert Murdoch announced he was stepping down as chairman of Fox and News Corp and ceding leadership of the company to his son, Lachlan Murdoch.The elder Murdoch will relinquish his roles at both companies by November, the company said in a statement, and take on a new title as chairman emeritus. Lachlan will now become the sole chairman of News Corp while also retaining his position... + full article



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