Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Friday, June 22, 2007

Dow Jones Board Will Start Negotiations with Murdoch

GE and Pearson announced that they have decided not to bid for Dow Jones, leaving Murdoch's $60 bid the only one out there.  The Dow Jones board is reviewing the Bancroft family's proposal for an independent editorial board and is expected to begin its negotiations with Murdoch soon. See NYTimes, 2 Companies Drop Pursuit of Dow Jones; WSJ, Murdoch's Bid for Dow Jones Gets a Boost.

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