(Reuters) - NEW YORK, July 16 - Dow Jones & Co. Inc.
Chief Executive Richard Zannino tentatively agreed on Monday to
a $5 billion takeover bid by News Corp. , though the
company's controlling Bancroft family remains divided on the
deal, the Wall Street Journal reported.
The agreement in principle will be put to the full Dow
Jones board on Tuesday evening, said the newspaper, which is
Dow Jones' flagship publication and the asset most coveted by
News Corp. Chairman and Chief Executive Rupert Murdoch.
Read more at Reuters.com Bonds News
Chief Executive Richard Zannino tentatively agreed on Monday to
a $5 billion takeover bid by News Corp. , though the
company's controlling Bancroft family remains divided on the
deal, the Wall Street Journal reported.
The agreement in principle will be put to the full Dow
Jones board on Tuesday evening, said the newspaper, which is
Dow Jones' flagship publication and the asset most coveted by
News Corp. Chairman and Chief Executive Rupert Murdoch.
Read more at Reuters.com Bonds News
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