Sunday, July 15, 2007

Dow Jones board member moves to block News Corp: WSJ

(Reuters) - News Corp., owner of Fox News, the New York Post and a sprawling media empire, has offered $5 billion, or $60 a share, for Dow Jones, the publisher of the Wall Street Journal.




Bancroft is trying to buy more "supervoting" shares from other Bancroft heirs who may be ready to sell their stakes but share his distaste for handing the family legacy to Murdoch, the Journal said.


Read more at Reuters.com Business News

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