Monday, July 16, 2007

This just in ... Murdoch closer to getting WSJ
This just came in over email:

News Corp. reached a tentative agreement to buy Dow Jones at its original $5 billion offer price. The deal will be put to the full Dow Jones board Tuesday evening for its approval. The deal still faces its biggest hurdle -- getting approval from the Bancroft family, which controls 64% of Dow Jones's voting stock. For more information, go to: http://online.wsj.com/article/SB118463978304868582.html?mod=djemalert

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