The 92-year-old mogul insisted he was in “robust health” as he stepped down as chairman of Fox and News Corp.
His son Lachlan will take over as the chairman of News Corp and will continue as executive chairman and CEO of Fox.
“On behalf of the Fox and News Corp boards of directors, leadership teams, and all the shareholders who have benefited from his hard work, I congratulate my father on his remarkable 70-year career,” Lachlan Murdoch said.
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