Post date: Nov 20, 2013 9:28:2 PM
EVO - Rupert Murdoch, the chairman of News Corp and 21st Century Fox, and his wife of 14 years, Wendi Deng Murdoch, are close to settling their divorce, according to a person familiar with the terms of the agreement.
They appeared in New York State Supreme Court in Manhattan on Wednesday (November 20) to finalize what is considered to be an amicable agreement, the person said. The couple have prenuptial and postnuptial agreements.
As part of the deal, Deng is expected to keep the couple's apartment they once shared with their two young children Grace and Chloe on Fifth Avenue in Manhattan, as well as their home inBeijing.Murdoch filed for divorce from Deng in June, seeking to end a marriage that had been irretrievably broken, according to his spokesman.
He made the move weeks before he was set to split his media and entertainment empire into two separate companies.