Tuesday, July 10, 2007

Rupert Murdoch gets Dow Jones for $5 BILLION

Rupert Murdoch has succeeded with his $5bn (£2.5bn) bid for Dow Jones, owners of the Wall Street Journal, according to a report in The Business.Negotiations are finished and the board is confident the terms of the deal will be accepted by the Bancroft family, which controls a majority of voting shares in Dow Jones.

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