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Dow Jones agrees to be bought by Murdoch

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posted on Aug, 1 2007 @ 03:52 AM
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Dow Jones agrees to be bought by Murdoch


news.yahoo.com

NEW YORK - Rupert Murdoch has sealed a deal to buy Wall Street Journal publisher Dow Jones & Co. for $5 billion, ending a century of family ownership and adding a crown jewel to his global media empire, News Corp.

The companies said in the wee hours of Wednesday morning that they signed a definitive merger agreement after the deal won sufficient support to pass from a deeply divided Bancroft family, which has controlled the storied newspaper publisher for generations.
(visit the link for the full news article)




posted on Aug, 1 2007 @ 03:52 AM
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Oh ya baby, all we need is more Fox news "reporting".

news.yahoo.com
(visit the link for the full news article)



 
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