The Wall Street Journal reports that Murdoch and his adult children are clashing over this split of the Murdoch family trust, which owns a controlling 28.5 percent stake in the media conglomerate that
Murdoch runs. That trust is now worth a reported $6.1 billion in both voting and non-voting stock, according to the report.
Read the whole story at CNN/Money, AUgust 1, 2005 »