Financial Times FT.com

Pay-out for Murdoch family

By Aline van Duyn in New York

Published: November 16 2007 02:00 | Last updated: November 16 2007 02:00

Rupert Murdoch's six children are getting an early Christmas present after the family trust Mr Murdoch controls sold more than $360m worth of News Corp shares.

The cash pay-out follows a $600m bonanza received by the siblings in February - at the time the biggest distribution of Mr Murdoch's fortune.

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