Bancrofts warm to Murdoch
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Media & professional: Family controlling Wall Street Journal owner Dow Jones to meet Rupert Murdoch to discuss his $5bn takeover bid.
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Rupert Murdoch finally met face-to-face with the controlling family of Dow Jones yesterday, attempting to woo the wary owners into taking his $5 billion bid for the company and its crown jewel, the Wall Street Journal.
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News Corp.'s  Rupert Murdoch said the company is interested in working with the Chandler family in its bid to purchase Tribune Co.  assets.
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Rupert Murdoch's News Corp. reached a tentative agreement for the purchase of Dow Jones on Monday at its original $5 billion offer price, although the Bancroft family remains divided, the Wall Street Journal reported.
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Rupert Murdoch said the Fox Business Channel would be friendlier to corporations than CNBC, the leading TV business news outlet.
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The Bancroft family, which controls media firm Dow Jones, is to meet to discuss a $5bn bid from News Corp.
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Strong sales at newspapers, TV and cable help Rupert Murdoch&#39;s media empire post two cents higher. LOS ANGELES  - Rupert Murdoch&#39;s News Corp.
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Rupert Murdoch is normally courteous to his shareholders, but they were reminded of their irrelevance at yesterday&#39;s News Corp annual meeting: proxy votes had ensured 92% support for the move to the US state of Delaware.
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Rupert Murdoch is expected to turn on  the charm on Monday to reassure the family that controls Dow  Jones & Co. Inc. that his $5 billion offer for the company will  not undermine its flagship newspaper, The Wall Street Journal.
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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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An announcement could come as early as today that Rupert Murdoch's News Corp. and the Dow Jones board of directors have agreed on editorial protections for the Wall Street Journal, allowing the two sides to start discussing Murdoch's bid for the company and its high-profile newspaper.
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The board of Dow Jones & Co. Inc. has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp., sending the deal to the controlling Bancroft family for final approval.
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The chairman of the News Corporation, Rupert Murdoch, may be telling investors and the media that his relationship with his counterpart at Liberty Media, John C. Malone, is friendly, as he did yesterday at an annual meeting.
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WARSAW -- Rupert Murdoch said yesterday he had no plans to raise his $5 billion bid for media group Dow Jones &amp; Co. Inc. and expected final approval from its controlling Bancroft family within two to three weeks, "if at all."
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A lot of Wall Street Journal reporters and editors worry about the nature of their jobs in a takeover by Rupert Murdoch. But for some the alternative may be no job at all.
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The Bancroft family, controlling shareholders of Dow Jones & Co. Inc. , are set to submit a new set of proposals to News Corp.  on how to protect the Wall Street Journal's editorial independence, the Journal reported on Monday.
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DAVID HARDAKER: Last night, Adelaide&#39;s Lord Mayor gave Rupert Murdoch the keys to the city, and today News Corporation investors handed him a ticket to Delaware when it approved the company&#39;s plans to move to the United States.