Murdoch Wins

It’s over. Murdoch won his bid for Dow Jones (DJ). This was a silly spectacle and after a lot of drama the only thing Bancroft family did was embarrass themselves.
Here’s all you need to know:
image505.png
DJ’s stock has barely moved in a generation. That last uptick is from Murdoch’s $60 a share offer.

Posted by on August 1st, 2007 at 9:42 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.