Rupert Murdoch gets Dow Jones for $5 BILLION
Posted on July 6th, 2007 by pete
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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