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Lachlan Murdoch, not James, will lead new Fox company

CNNMONEY

Lachlan Murdoch, the son of media mogul Rupert Murdoch, will become chairman and CEO of a proposed new Fox company, 21st Century Fox announced Wednesday.
The elder Murdoch will serve as co-chairman. His son James, who was not mentioned in the press release, is expected to leave the company.
James Murdoch has been serving as the CEO of 21st Century Fox, while his brother and father have been serving as co-executiv ...

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