Rupert Murdoch's surprise exit from Fox leaves son Lachlan in line of succession at media empire

Rupert Murdoch's surprise exit from Fox leaves son Lachlan in line of succession at media empire

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NEW YORK -- Magnate Rupert Murdoch's surprise announcement Thursday that he's stepping down as leader of his two companies leaves his son Lachlan firmly in line of succession at Fox and the rest of the media empire. The 92-year-old Australian billionaire's creation of Fox News Channel has made him…

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