Sunday, July 29, 2007

Doomsday for Dow Jones?
From stories posted over the weekend, it looks like tomorrow is the day the Bancroft family makes a final decision about whether they will sell Dow Jones/WSJ to Rupert Murdoch. Here are some of the corresponding stories: ["Bid for Dow Jones opposed"] and ["Family at war over Murdoch's Dow bid"].
I find it interesting that the Bancroft family is worried about editorial control. I mean, have they read the WSJ editorial page recently? They are to the right of Attila the Hun. How bad could a Murdoch ownership be? I don't know, but it doesn't look like it is going to happen.

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