Rupert Murdoch, wife reach divorce deal

Rupert Murdoch, center, arrives at State Supreme court, Wednesday, Nov 20, 2013, in New York. Murdoch and his soon-to-be-ex-wife said they were parting with "mutual respect" Wednesday after telling a judge they had reached a divorce deal. [Photo/Icpress]

Murdoch's wife hires new lawyer in divorce case: New York Times

Rupert Murdoch's aim: A divorce with little fodder for tabloids

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

Murdoch's two children with Deng - Grace, 12, and Chloe, 10 - have shares in the trust but no voting rights.

Murdoch also has four adult children - Prudence, Lachlan, James and Elizabeth, who hold voting rights in the trust.

Murdoch and Deng wed shortly after his 31-year marriage to second wife, Anna, ended in divorce.

Deng never had a formal role at News Corp, although during their more than decade-long marriage, she served as a close advisor to Murdoch especially relating to the company's business in China.

To many, she is perhaps best known for intercepting a shaving cream pie that was pitched at Murdoch while he was testifying before the British Parliament over News Corp's phone-hacking scandal in July 2011.

The incident gained her the nickname "tiger wife."

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