Dow Jones board prepared to endorse News Corp bid
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Dow Jones & Co. Inc.  said on Tuesday that its board was prepared to recommend shareholders accept a $5 billion buyout offer from Rupert Murdoch's News Corp. , leaving the fate of the company in the hands of its controlling family.
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Dow board takes over talks with Murdoch, implying a resolution to his $5B bid will come soon.
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The board of the union, representing employees at the Wall Street Journal and other Dow Jones properties, is scheduled to meet on Friday to endorse the deal and set a date for a vote by the membership.
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Rupert Murdoch&#39;s News Corp. and Dow  Jones & Co. Inc. have &quot;basically agreed&quot; on safeguards to the  editorial independence of Dow Jones&#39; 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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Rupert Murdoch's News Corp agrees a tentative $5bn takeover of Dow Jones, the Wall Street Journal reports.
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A tentative deal between News Corp. and Dow Jones & Co. Inc. would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal selected by News Corp., three sources familiar with the matter said on Thursday.
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Securities regulators notified a Dow Jones board member that he could face civil charges for his alleged role in passing secret information before the company announced a bid from Rupert Murdoch's News Corp., according to a source familiar with the investigation.
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Dow Jones & Co Inc.&#39;s  board of  directors said on Thursday that the company plans to consider  alternatives for the company, including a $5 billion bid by  Rupert Murdoch&#39;s News Corp. (NWSa.N) to buy it.
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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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A tentative deal between News Corp.  and Dow Jones & Co Inc.  would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal, three sources said on Thursday.
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The family that controls Dow Jones & Co expects to decide by early next week if it wants to sell the company to Rupert Murdoch's News Corp for $5 billion, a source familiar with the matter said on Tuesday.
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Media & professional: The board of Wall Street Journal owner Dow Jones was scheduled to meet last night for what could be executives' final discussions over Rupert Murdoch's audacious $5bn (Â£2.5bn) takeover bid.
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Media & professional: The board of WSJ-owner Dow Jones votes to sell firm to Rupert Murdoch's News Corp, pending approval of the Bancrofts.
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A tentative deal between News Corp.  and Dow Jones & Co. Inc.  would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal selected by News Corp., three sources familiar with the matter said on Thursday.
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If Rupert Murdoch can assure the family owners of Dow Jones that he will not meddle in the news coverage of the Wall Street Journal, the family will tell the company's board of directors it can start negotiating a sale price with the media mogul, a source said yesterday.
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News Corp.'s  $60 a share bid for Dow Jones & Co. Inc.  is a "fairly attractive" price, its largest outside shareholder said in an interview with the Financial Times on Wednesday.
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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