Lachlan Murdoch, the eldest son of media mogul Rupert Murdoch, is closing in on his second deal in as many weeks, with a joint offer for a group of trade magazines, including Billboard and The Hollywood Reporter, and related exhibitions.
The offer for the bulk of Nielsen Business Media, which could be announced as early as this week according to one person familiar with the negotiations, represents Mr Murdoch’s most prominent US move since he stepped down from executive duties at News Corp in 2005.
