One Less Way for the News to be Fair and Balanced!
Rupert Murdoch edged closer to his goal of owning Wall Street Journal publisher Dow Jones & Co. late Tuesday as the board of his News Corp. media conglomerate signed off on the $5 billion deal, a person with knowledge of the matter said.
The Journal reported on its Web site late Tuesday that Dow Jones' board had also approved the deal, removing the last significant hurdle, but a company spokeswoman declined to comment.
If he succeeds, as seems likely, Murdoch would get one of the great trophies of U.S. journalism and a newspaper that is considered required daily reading among the business and power elite.
The deal would also expand Murdoch's already massive global media and entertainment empire News Corp., which owns the Fox broadcast network; Fox News Channel; the Twentieth Century Fox movie and TV studio; MySpace; newspapers in Australia and the U.K.; and several satellite TV broadcasters.
The Journal reported on its Web site late Tuesday that Dow Jones' board had also approved the deal, removing the last significant hurdle, but a company spokeswoman declined to comment.
If he succeeds, as seems likely, Murdoch would get one of the great trophies of U.S. journalism and a newspaper that is considered required daily reading among the business and power elite.
The deal would also expand Murdoch's already massive global media and entertainment empire News Corp., which owns the Fox broadcast network; Fox News Channel; the Twentieth Century Fox movie and TV studio; MySpace; newspapers in Australia and the U.K.; and several satellite TV broadcasters.
Labels: Dow Jones and Co. Inc., News Corp, NWS
posted by Stock Administrator @ 10:12 PM
1 Comments:
At 3:44 AM ,
sharetipsinfo said...
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The story doesn’t end here only.
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BIGGEST GAINERS
COMPANY % CHANGE
L&T 61.7
BHARTI AIRTEL 35.6
RIL 33.7
TATA STEEL 26.4
BHEL 20.4
RAGING BULLS
MILESTONES DAYS
4000-5000 2551
5000-6000 125
6000-7000 1965
7000-8000 80
8000-9000 81
9000-10000 70
10000-11000 43
11000-12000 30
12000-13000 193
13000-14000 37
14000-51000 213
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