Fox Corp . CEO Lachlan Murdoch says that his family’s blockbuster $3.3 billion settlement over control of the family trust is “great news for investors.”

Speaking at a Goldman Sachs conference Wednesday, Murdoch said that the settlement will enable the company to act strategically, acknowledging the uncertainty that clouded the company while the legal battle over the Murdoch Family Trust ensued.

“It gives us a clarity about our strategy going forward. It shows that our strategy will be consistent, it’s clear, and it’s very sustainable,” Murdoch said. “We are very pleased to be able to move forward and remain focused on the path that we’re on.”

Fox Corp . CEO Lachlan Murdoch says that his family’s blockbuster $3.3 billion settlement over control of the family trust is “great news f

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