(Reuters) - News Corp. has offered $5 billion to buy Dow Jones, but the
Bancrofts have voiced concern that Chairman Rupert Murdoch
could have too much influence over the company's flagship Wall
Street Journal.
The Journal in its online edition cited people familiar
with the matter as saying that Bancroft family advisers could
send New Corp. a new proposal regarding a special board to
safeguard the paper as early as Tuesday.
Read more at Reuters.com Mergers News
Bancrofts have voiced concern that Chairman Rupert Murdoch
could have too much influence over the company's flagship Wall
Street Journal.
The Journal in its online edition cited people familiar
with the matter as saying that Bancroft family advisers could
send New Corp. a new proposal regarding a special board to
safeguard the paper as early as Tuesday.
Read more at Reuters.com Mergers News
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