|
WSJ.com
Rupert Murdoch's next acquisition? |
(UPDATE MAY 2: Jim Romenesko reports that the Bancroft family opposes this bid.)I kid you not! This morning,
CNN/Money reports: "News Corp. has made an unsolicited $5 billion takeover bid for Dow Jones & Co. -- an offer that could prove tough for the Bancroft family that controls the publisher of
The Wall Street Journal to turn down, analysts said."
Here's the official announcement from Dow Jones.
This will be a fun one to watch! It certainly puts MySpace News in a different context.
(Thanks to CNN's Peter Dykstra for the tip.)
