Bancroft Family Divided over Dow Jones Bid  

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Dow Jones Board Finally Reaches Deal with Murdoch	Murdoch Wins Bid For Dow Jones

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• Bancroft Family Divided over Dow Jones Bid

  
  

  The Bancroft family is supposed to have their decision of whether they will sell Dow Jones and Company to Rupert Murdoch’s News Corporation by 5 PM today. As a result of the continuing chaos, boards of both companies are not convinced they will have an answer by the deadline. Many family members, as well as Wall Street Journal employees, oppose the estimated $5 billion bid in fear that Murdoch’s brand of journalism might interfere in the news coverage of the Journal. Stay tuned to WebProNews as we continue to follow this story.

  
  

  Posted on July 30, 2007 by admin

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