Sunday, 15 July 2007

Bancroft member moves to block sale of Dow Jones-source

(Reuters) - Bancroft is trying to buy more "supervoting" shares from
other Bancroft heirs who may be ready to sell their stakes but
share his distaste for handing the family legacy to Murdoch, the
Journal said.




News Corp., owner of Fox News, the New York Post and a
sprawling global media empire, has offered $5 billion, or $60 a
share, for Dow Jones, the publisher of the Wall Street Journal.


Read more at Reuters.com Mergers News

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