Article: News Corp. completes Dow Jones & Co. acquisition, Dow Jones CEO leaving.(news & product briefs)

News Corp. announced the completion of its acquisition of Dow Jones & Co., Inc. pursuant to the previously announced merger agreement. Under the terms of the merger agreement, each share of Dow Jones common stock was converted into the right to receive, at the election of the holder, either (a) $60 in cash or (b) 2.8681 Class B common units of Ruby Newco LLC, a wholly owned subsidiary of News Corp. Each Class B common unit of Ruby Newco LLC is convertible after a period of time into a share of News Corp. Class A common stock. All holders of Dow Jones common stock who submitted valid unit elections in accordance with the merger agreement and the election form prior to the ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!