News In Brief

Two states and US to receive millions from Hughes estate

An agreement under which California, Texas, and the federal government will be paid millions of dollars ends eight years of legal maneuvering over taxes from the estate of Howard Hughes, the late billionaire.

Under the settlement, Texas will get $50 million in cash, and between $119 million and $150 million in cash and land will go to California.

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.