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Article: Succession planning issue for practitioners ... by practitioners.

Article from:
The National Public Accountant
Article date:
October 1, 2005
Author:
Copyright

When the son of media baron Rupert Murdoch resigned from the family business in August, people who knew both men told The New York Times, "The strong bond between father and son has frayed recently." The son, Lachlan, who was heir apparent of the $24 billion-a-year News Corporation, reportedly felt that "his father interfered in his business dealings and undermined him."

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