Zeitchik, Steven
May 2007
Daily Variety;5/2/2007, Vol. 295 Issue 22, p1
Trade Publication
The article reports on the impact of the acquisition plan of News Corp. Ltd.'s Rupert Murdoch for Dow Jones & Co. in the world of U.S. media. News Corp. has made a $5 billion offer for Dow Jones with assets like Dow Jones News Service, MarketWatch and the Wall Street Journal. In an effort to phase out competitors, they offered a premium of nearly 70 percent over the closing price. However, the controlling Bancroft family was said to be ready to turn down the offer.


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