Final valuation of Prince's estate pegged at US$156.4 million

MINNEAPOLIS -- The six-year legal battle over pop superstar Prince's estate has ended, meaning the process of distributing the artist's wealth could begin next month.

The Minneapolis Star Tribune reports that the Internal Revenue Service and the estate's administrator, Comerica Bank & Trust, agreed to value Prince's estate US$156.4 million, a figure that the artist's heirs have also accepted.

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