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Posts Tagged ‘Rupert Murdoch’
Dow Jones Accepts Murdoch’s Bid
The verdict is finally in from the Bancroft family, and it means good news for Rupert Murdoch’s News Corporation. After months of negotiations, Dow Jones and Company accepted Murdoch’s offer last night. Murdoch’s News Corporation announced today it will purchase Dow Jones for $5.6 billion. Tune in to WebProNews for the very latest on this [...]
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 [...]
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 [...]
Murdoch Wins Bid For Dow Jones
This evening in London, an announcement was made confirming Rupert Murdoch’s multi-billion dollar bid For Dow Jones, owner of the Wall Street Journal. Check out these breaking details on WebProNews.