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The Family will talk to RupertPosted by Jeremy Goldkorn, June 1, 2007 10:26 AM
The Wall Street Journal reports: Dow Jones & Co.'s 125-year history as an independent media company could be nearing an end. The statement also noted that the Bancroft family has decided that 'the mission of Dow Jones may be better accomplished in combination or collaboration with another organization, which may include News Corp'. Danwei recently published a letter from most of the Journal's China journalists asking the Bancroft family to turn down Murdoch's bid (linked below). Links and Sources
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Comments on The Family will talk to Rupert
Do the deal. Bancroft's only stand to lose money if they turn down the offer and the downswing print is having will make them surely lose all their money fast.
Fox is overbidding so take the money while it is there and run. Fox needs the assets for the new business channel...you old folks need the money to do whatever the heck you desire. $5 billion is a ton of cash.