Rupert buys $200 million cattle ranch from Kochs
The WSJ's scoop on Thursday: "Media mogul Rupert Murdoch and his wife, Jerry Murdoch, have purchased a Montana cattle ranch spanning about 340,000 acres from Matador Cattle Co., a subsidiary of Koch Industries. The price was roughly $200 million, making it the largest ranch sale in Montana history, according to people with knowledge of the deal."
Luke O'Neil's tongue-in-cheek followup for the Guardian on Friday: "The prospect of the world's richest families hustling to trade remote properties stocked with enough livestock and water to survive on for years is probably nothing to be alarmed about for the rest of us..."
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