(Bloomberg) -- Dow Jones & Co. shares advanced after
the Wall Street Journal reported Rupert Murdoch's News Corp.
reached a tentative deal to acquire the company for $5 billion.
Dow Jones shares rose 1 percent to $57.50 in early trading.
The company's board will vote this evening on the $60-a-share
offer after negotiators reached an agreement yesterday, the
Journal said, citing people familiar with the situation. Linda
Dunbar, a Dow Jones spokeswoman in New York, declined to comment.
Read more at Bloomberg Stocks News
the Wall Street Journal reported Rupert Murdoch's News Corp.
reached a tentative deal to acquire the company for $5 billion.
Dow Jones shares rose 1 percent to $57.50 in early trading.
The company's board will vote this evening on the $60-a-share
offer after negotiators reached an agreement yesterday, the
Journal said, citing people familiar with the situation. Linda
Dunbar, a Dow Jones spokeswoman in New York, declined to comment.
Read more at Bloomberg Stocks News
No comments:
Post a Comment