News Corp, DJ board in early editorial pact: source
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Rupert Murdoch's News Corp. and Dow Jones & Co. Inc. have "basically agreed" on safeguards to the editorial independence of Dow Jones' news operations, a source familiar with the matter said on Tuesday, setting the stage for Dow Jones to accept a $5 billion buyout offer.
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Yahoo may team up with News Corp. to fend off&#160;Microsoft&#39;s bid to buy the struggling Web portal, according to a Wall Street Journal report on Wednesday.The two companies are in talks about a deal in which News Corp. would take a stake of as much as 20 percent in Yahoo. MySpace and other Web properties of News Corp. would be combined with Yahoo, according to the report, which was attributed to &quot;people familiar with the matter.&quot;The deal would also involve a cash infusion by News Corp. and a private equity firm. Yahoo would remain independent.On Monday,&#160;Yahoo rejected Microsoft&#39;s $44.6 billion unsolicited buyout bid, saying it undervalued the company. Microsoft has vowed to take all necessary steps to close the deal.A Yahoo spokeswoman declined to comment on the report. News Corp. and Microsoft could not immediately be reached for comment.
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News Corp. said on Monday it was  "optimistic" over reaching a deal to buy back or swap Liberty  Media's shares in the company.
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The Wall Street Journal, whose parent  Dow Jones & Co. is the target of a $5 billion takeover offer by  News Corp., is set to shake up its newsroom by reassigning and  replacing several top editors, the New York Times reported on  its Web site.
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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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Dow Jones & Company tentatively agreed to be acquired by Rupert Murdochâs News Corporation on Monday.
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The News Corp. publishing division appears to have a winning title on its hands.
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News Corp. (NWSa.N) is willing to go  further than it has before in acceding to tighter safeguards of  editorial independence as a condition of buying Dow Jones & Co.  Inc. , The Wall Street Journal reported on Sunday, citing  sources close to News Corp.
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News Corp.   and its second-biggest shareholder, Liberty Media Corp.  are close to a deal that will solidify News Corp. Chairman Rupert Murdoch's control of his company, media reports said on Thursday.
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Rupert Murdoch's News Corporation and Dow Jones & Co. today have agreed in principle to editorial protections for the latter's Wall Street Journal, taking Murdoch one step closer to owning the company and its marquee newspaper.
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Rupert Murdoch&#39;s News Corp. (NWSa.N)  has reached a tentative deal to buy Dow Jones & Co. Inc.   for $5 billion, though its controlling Bancroft family remained  divided on the deal, the Wall Street Journal reported.
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Directors of Dow Jones, publisher of the Wall Street Journal, will lead talks over the $5bn bid from News Corp.
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Dow Jones & Co.&#39;s board and Rupert  Murdoch&#39;s News Corp. have completed talks on a $5 billion  buyout of Dow Jones and are expected to announce a deal next  week, London&#39;s The Business weekly magazine reported on Friday.
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Rupert Murdochâs News Corp. agreed in principle to purchase Dow Jones & Co., according to The Wall Street Journal.
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Media group Tribune Co. is expected to  meet early next week to weigh takeover offers that could split  up the company or take it private, sources familiar with the  situation told Reuters.
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The News Corporation and advisers for Dow Jones are close to agreeing on terms to protect The Wall Street Journalâs independence if the company is taken over.
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Dow Jones & Co.'s board and Rupert Murdoch's News Corp. have completed talks on a $5 billion buyout of Dow Jones and are expected to announce a deal next week, London's The Business weekly magazine reported on Friday.