(Reuters) - Bancrofts holding more than 32 percent of voting shares in Dow Jones -- which publishes The Wall Street Journal, Barron's financial newsletter and Dow Jones Newswires -- are in favor of the $5 billion deal, a source familiar with the matter said on Tuesday.
That level of support represents more than half of the 64 percent voting shares held by the family. Outside shareholders own 29 percent of voting shares and are expected to overwhelmingly support the deal.
Read more at Reuters.com Business News
That level of support represents more than half of the 64 percent voting shares held by the family. Outside shareholders own 29 percent of voting shares and are expected to overwhelmingly support the deal.
Read more at Reuters.com Business News
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