A high-profile feud among members of the Stronach family has been resolved out of court, ending a potentially messy legal drama.
Under a settlement announced Thursday by The Stronach Group, control of the family fortune is basically split between two factions.
Former politician and business executive Belinda Stronach will remain chairwoman and president of The Stronach Group, with full control of its horse racing, gaming, real estate and related assets.
Her Austrian-born parents, Frank and Elfriede Stronach, will assume full ownership and control of a stallion and breeding business, all farm operations in North America and all European assets.
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