July 31, 2007
Bancrofts relent, $5 billion, go Rupert--and just whoa.
Dow Jones-WSJ deal just about done, according to the Associated Press. We've followed this because it's important world business news: Murdoch's News Corp. already owns Fox broadcast network, Fox News Channel, The Times in the United Kingdom, the New York Post, the Twentieth Century Fox movie and TV studios, and MySpace. Also, Hull family worries WAC? may be next target.
Posted by JD Hull at July 31, 2007 11:59 PM