Thursday, May 24, 2007

Key Bancroft family member opposes Murdoch bid: report

(Reuters) - He is a Dow Jones director and, along with two siblings, controls about one-third of the Bancroft family's stake in Dow Jones, the paper said.




Most of the Bancroft family, which controls the company with a class of super-voting shares, oppose Murdoch's $60 per share offer. Dow Jones's board has said as a result that it would not consider Murdoch's offer.


Read more at Reuters.com Mergers News

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