Wednesday, May 2, 2007

News Corp bids for Dow Jones

News Corp. makes bid for Dow Jones (AP)

The cover of the Wall Street Journal weekend edition in an undated image. Media company News Corp. has made an unsolicited $60 a share cash bid for newspaper company Dow Jones, owner of the Wall Street Journal, CNBC reported on Tuesday. (Handout/Reuters)AP - Dow Jones & Co., publisher of The Wall Street Journal, said Tuesday it has received an unsolicited bid from Rupert Murdoch's News Corp. to buy the company for $60 per share, or $5 billion.


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