Los Angeles Times

Rupert Murdoch, and sons, begin their goodbyes to 21st Century Fox

LOS ANGELES - Rupert Murdoch's handoff to his oldest son is nearly complete.

On Wednesday, the 87-year-old media baron choreographed a coda for 21st Century Fox - the company he has spent decades shaping into a global media juggernaut.

In what was expected to be the company's last meeting with shareholders, Murdoch offered only a brief welcome before turning over the podium - in the dimly lit Darryl F. Zanuck Theater on the Fox lot in West Los Angeles - to his oldest son.

Lachlan Murdoch, who shares the title of executive chairman with his father, noted it was "likely (the) final such meeting" because the family is selling much of

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