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Media baron Rupert Murdoch and his soon-to-be-ex-wife said they were parting with "mutual respect" on Wednesday after telling a judge they had reached a divorce deal. The chairman of News Corp and 21st Century Fox and his wife of 14 years, Wendi Deng Murdoch, shook hands and briefly hugged after a brief proceeding in a Manhattan court. The terms of the agreement weren't disclosed in court. The divorce is said to have cost Murdoch $1.7 billion, including a cool $100 million in cash. Deng Murdoch is expected to keep the couple's home in Beijing and their Fifth Avenue apartment in Manhattan, purchased in 2004 for a then-record $US44 million. "We are pleased to announce that we have reached an amicable settlement of all matters relating to our divorce," the two said in a statement released through a publicist. "We move forward with mutual respect and a shared interest in the health and happiness of our two daughters." The divorce isn't technically final; it will happen after state Supreme Court Justice Ellen Gesmer signs some yet-to-be-submitted paperwork. | 
