(Bloomberg) -- Shares of Dow Jones & Co. may rise
after the controlling Bancroft family ended decades of
resistance to a sale of the company and agreed to meet with
Rupert Murdoch's News Corp. on his $5 billion bid.
``The family has reached consensus that the mission of Dow
Jones may be better accomplished in combination or collaboration
with another organization which may include News Corp.,'' the
Bancrofts said today in a statement.
Read more at Bloomberg Stocks News
after the controlling Bancroft family ended decades of
resistance to a sale of the company and agreed to meet with
Rupert Murdoch's News Corp. on his $5 billion bid.
``The family has reached consensus that the mission of Dow
Jones may be better accomplished in combination or collaboration
with another organization which may include News Corp.,'' the
Bancrofts said today in a statement.
Read more at Bloomberg Stocks News
No comments:
Post a Comment