Murdoch takes over Dow Jones/Wall Street Journal

Discussion in 'Random Thoughts' started by lace_and_feet, Aug 1, 2007.

  1. lace_and_feet

    lace_and_feet Super Member

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    Murdoch's News Corp. wins control of Dow Jones--WSJ

    NEW YORK -- Rupert Murdoch's News Corp. has won control of Dow Jones & Co and The Wall Street Journal, America's top business newspaper, in a $5-billion takeover deal, the Journal reported Tuesday.

    Murdoch's victory will see News Corp. take over the storied US media group, which also owns other newspaper, online and print assets, from the Bancroft family who had controlled Dow Jones for over a century.

    The deal was approved by the boards of both companies, which met separately Tuesday, the Journal said, citing people familiar with the situation.

    The deal will also dramatically shake up the US media landscape as Dow Jones and the Journal are folded into the News Corp. global media empire.

    A Bancroft family spokesman refused to comment when contacted by Agence France-Presse, while representatives of Dow Jones and News Corp. were not immediately available for comment.

    http://business.inquirer.net/money/breakingnews/view_article.php?article_id=79895
     
  2. mamaKCita

    mamaKCita fucking stupid.

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    aren't they all just shill organisations controlled by the corporate shadow government anyway?
     
  3. Biggen

    Biggen Banned

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    Should this mean something to me personally?
     
  4. lace_and_feet

    lace_and_feet Super Member

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    Just sharing some news I found interesting.
     
  5. deviate

    deviate Senior Member

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    Thanks for sharing it, I also found that interesting.
     
  6. rebelfight420

    rebelfight420 Banned

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    darn jews controlling the media
     
  7. Biggen

    Biggen Banned

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    Sheeney bastards.
     

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