News Corp. Acts to Block Bids
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Rupert Murdoch&#39;s News Corp. Ltd. moved on Monday to prevent a hostile bid from US cable company Liberty Media Corp., launching a plan to issue stock options that would dilute the stake of any predator.
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Rupert Murdoch made clear that he would not accept a sale proposal that would keep The Wall Street Journal out of his editorial control.
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General Electric Co. and Pearson Plc  may challenge News Corp.&#39;s $5 billion bid for Dow Jones & Co.,  with a plan that could let Dow Jones&#39;s controlling Bancroft  family keep an interest in the company, the Financial Times and  Wall Street Journal reported on their Web sites on Sunday.
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G.E. and Pearson have decided not to make an offer for Dow Jones, leaving Rupert Murdochâs News Corporation as the only bidder.
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"The final approval is in the next two, three week's time, or not at all."  RUPERT Murdoch, the chairman and chief executive of News Corporation, has said he has no plans to raise his $5 billion bid for media group Dow Jones. via The Courier Mail
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Christopher Bancroft, part of the family that controls Dow Jones , is trying to block a takeover by Rupert Murdoch's News Corp. , a source familiar with the situation said on Monday, confirming a story reported in the Wall Street Journal.
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Dow Jones & Co. delivered a proposal to safeguard its editorial independence to News Corp. on Friday, the first step in a negotiation about a possible News Corp. takeover, according to the online edition of the Wall Street Journal.
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Manchester - Manchester United&#39;s major shareholders on Thursday moved to block any attempts at a takeover by Malcolm Glazer, the American owner of the Tampa Bay Buccaneers NFL franchise.
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Also: MySpace founder aims to thwart Murdoch's WSJ bid.
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Business & money: Nearly a quarter of shareholders at News Corp's annual meeting back a resolution that would loosen the billionaire's tight grip on the company.
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Today is a critical point in negotiations between Rupert Murdoch's News Corp. and Dow Jones over the potential sale of the latter company, as both sides haggle over a proposed editorial board whose aim is to keep Murdoch away from Dow Jones's prized jewel, the Wall Street Journal.
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After watching eBay siphon off their classified advertising revenue, newspapers are turning to an outsourced auction firm, CityXpress, to fight back. By Daniel Terdiman
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General Electric Co.  and Pearson Plc  may challenge News Corp.'s $5 billion bid for Dow Jones & Co.  with a plan that could let Dow Jones's controlling Bancroft family keep an interest in the company, the Financial Times and The Wall Street Journal reported on their Web sites.
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Rupert Murdoch's News Corp.  has not yet reached an agreement to buy Dow Jones & Co. Inc., the company and its controlling Bancroft family said on Friday, countering a media report the two sides had completed their talks.
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Dow Jones &amp; Co., publisher of the Wall Street Journal, has effectively put the media company up for sale, saying last night that it would entertain purchase offers, including an unsolicited bid from Rupert Murdoch that was turned down one month ago.
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Rupert Murdoch&#39;s News Corp says it has approved stricter corporate governance provisions, soothing critics of a plan to shift its legal base to the United States from Australia.
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Oracle Corp. on Monday said it  asked Peoplesoft Inc.'s board of directors to rescind an  anti-takeover provision, two days after a majority of  PeopleSoft shareholders tendered their stock in favor of  Oracle's $9.2 billion hostile offer.