Dow Jones Board Finally Reaches Deal with Murdoch

Last night, the Dow Jones Board endorsed the five billion buyout offer from Rupert Murdoch’s News Corporation. The only constituent halting the closing of the deal is the unruly Bancroft family. If the family refuses the offer, they could likely see a continued loss in revenue as well as a drop in the value of their shares. Check out the very latest details right here on WebProNews.

Tags: Abby Prince, Bancroft Family, Dow Jones, News Corporation, News Update, Rupert Murdoch

This entry was posted on Wednesday, July 18th, 2007 at 10:43 am and is filed under WebProNews Update. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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