Dow Jones 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 was expected to go before the full Dow Jones board late yesterday, said the newspaper, which is Dow Jones’ flagship publication and the asset most coveted by News Corp Chairman and Chief Executive Rupert Murdoch… SOURCE
If you enjoyed this post, make sure you subscribe to my RSS feed!




Related Articles
No user responded in this post