What are the ramifications of a media based industry vying for the Dow Jones ?
Daniel O asked:
http://news.yahoo.com/s/nm/20070501/bs_nm/dowjones_dc_6
NEW YORK (Reuters) – Rupert Murdoch’s News Corp. (NYSE:NWS – news) has made an estimated $5 billion bid to buy Dow Jones & Co. Inc. (NYSE:DJ – news), owner of the Wall Street Journal, Dow Jones said on Tuesday, in a transaction that if successful would give media mogul Rupert Murdoch a lock on global financial news.
Dow Jones’ board of directors and trustees of the controlling Bancroft family are currently evaluating the unsolicited $60-a-share bid to buy out all shares outstanding of Dow Jones common stock and Class b stock in cash, or in a combination of cash and News Corp. stock.
http://news.yahoo.com/s/nm/20070501/bs_nm/dowjones_dc_6
NEW YORK (Reuters) – Rupert Murdoch’s News Corp. (NYSE:NWS – news) has made an estimated $5 billion bid to buy Dow Jones & Co. Inc. (NYSE:DJ – news), owner of the Wall Street Journal, Dow Jones said on Tuesday, in a transaction that if successful would give media mogul Rupert Murdoch a lock on global financial news.
Dow Jones’ board of directors and trustees of the controlling Bancroft family are currently evaluating the unsolicited $60-a-share bid to buy out all shares outstanding of Dow Jones common stock and Class b stock in cash, or in a combination of cash and News Corp. stock.
http://news.yahoo.com/s/nm/20070501/bs_nm/dowjones_dc_6
Do you have any info on the Dow (Jones ?) ?
Or the history of the Dow Jones ?
Tags: Bancroft Family, Board Of Directors, Bs, Common Stock, Dj News, Dow Jones, Dow Jones Co, Dow Jones Co Inc, Dowjones, Financial News, History Of The Dow Jones, Media Mogul Rupert Murdoch, Mogul Rupert Murdoch, News Corp, News Yahoo, Nws, Nyse, Ramifications, Reuters, Wall Street Journal
Media & Journalism | admin, 10 Mar 09
By dude s, March 12, 2009 @ 12:55 pm
a quicker death for american free press — as well as providing the means by which we will all line up and say “yessir” to this fetid govt!