Monday, July 30, 2007

News Corp wants more Bancroft support on Dow Jones

(Reuters) - The comment from a News Corp. spokesman pushed Dow Jones shares down as much 8.5 percent. The stock was down 3.1 percent at $52.76 in early afternoon trading, compared to News Corp's bid price of $60 per share.




The Bancroft family, which controls more than 64 percent of Dow Jones's voting shares, is expected to decide by the end of Monday whether to support the Murdoch bid.


Read more at Reuters.com Business News

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