Bancrofts to Meet With Murdoch

Maybe they changed their minds, but the Bancrofts are going to meet with Rupert Murdoch and, we can assume, listen to his bid for Dow Jones (DJ). John Carney* at DealBreaker picked up this quote:

“If they meet, they sell,” said a Dow Jones employee familiar with the thinking of the Bancrofts.

They’re also considering other potential bids. I really hope Murdoch wins out if for no other reason to see extra-voting-power shares lose.
*I also stole John’s HAL 9000 image below. It’s what bloggers do.

Posted by on June 1st, 2007 at 11:39 am


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