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Article: Business Watch
- Article from:
- Winnipeg Free Press
- Article date:
- December 14, 2007
- Author:
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Copyright informationCopyright F.P. Canadian Newspapers Limited Partnership Dec 14, 2007. Provided by ProQuest LLC. (Hide copyright information)
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Murdoch clears final hurdle
NEW YORK -- Rupert Murdoch's US$5 billion-plus bid for Dow Jones & Co., publisher of The Wall Street Journal, cleared its final hurdle Thursday as shareholders of the financial publishing company gave their approval, setting up the deal to close later in the day.
The changeover is sure to bring significant changes to the Journal, starting with a new management team that was announced late last week.
Longtime News Corp. publishing executive Les Hinton will be chief executive, while Robert Thomson, editor of Murdoch's The Times newspaper in London, will be publisher. Several Dow Jones executives are departing, including CEO Richard Zannino.
Petro-Canada to ...
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Article: Dow Jones family's power rests with Hub law firm
The Boston Globe;
May 3, 2007 ;
700+ words
...The fate of Dow Jones & Co. and its flagship newspaper, The...Bancrofts, heirs to the controlling stock of Dow Jones, have a $5 billion offer for their company...not interested, and late yesterday the Dow Jones board said it would not act on the offer...
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