Publilshing

WSJ: Bancroft Family to Consider Murdoch's $5B Bid for Dow Jones

Authored by Mark Hefflinger on June 1, 2007 - 10:05am.

New York - Rupert Murdoch's News Corp. edged closer to its goal of acquiring Wall Street Journal publisher Dow Jones yesterday, when the Bancroft family, which controls 64% of Dow Jones, said that it was willing to meet with Murdoch and consider his bid, as well as competing bids and other options, The Wall Street Journal reported.