You might think that a family journalism dynasty would be more conscious of deadlines—but alas, the Bancrofts have already blown News Corp.’s 5 p.m. cutoff.
Family advisors and Dow Jones board members tried convincing holdout family members to accept Rupert Murdoch’s $5 billion bid, according to the Wall Street Journal.
But, apparently, Read More
One previously undecided member of the Bancroft family, who votes about 15 percent of Dow Jones shares, has come out against a deal to sell the company to Rupert Murdoch's News Corp., The Wall Street Journal reports.
Jane Cox MacElree, whose daughter, Leslie Hill, brought Brad Greenspan and Ron Burkle's counterproposal before the board Read More
Today's Wall Street Journal has some valuable retread over the events at Tuesday night's meeting between representatives of Rupert Murdoch's News Corp. and the board of directors of Dow Jones Inc., which is considering selling itself to the Australian-born media mogul.
There was acrimony: In the opening minutes of the meeting, while Dow Jones Read More
