By Dawn Chmielewski

(Reuters) - The Murdoch family has reached a deal that will see Rupert Murdoch's politically conservative eldest son Lachlan Murdoch cement control of the family media empire which includes Fox News and the Wall Street Journal.

The deal, announced on Monday, ends a family brawl over who will control one of the highest-profile global media groups and puts to rest questions of succession within the Murdoch family after its patriarch's death.

Under the agreement, Rupert's children James Murdoch, Elisabeth Murdoch and Prudence MacLeod will receive cash from the sale of about 16.9 million shares of Fox Class B stock and about 14.2 million shares of News Corp's Class B common stock. The amount of the payment was not disclosed.

Citing an unnamed source, the New York Times

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