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Murdoch agrees divorce settlement from third wife

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Murdoch agrees divorce settlement from third wife

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Media mogul Rupert Murdoch and his wife Wendi Deng have reached an “amicable” divorce settlement.

Deng is perhaps best known for intercepting a shaving cream pie pitched at Murdoch during Britain’s phone-hacking scandal.

The split is not expected to affect operations at 20th Century Fox and News Corp, which are controlled by the Murdoch family trust that holds about 40 percent of the voting stock in both companies.