Friday, May 4, 2007

Murdoch on Owning the Wall Street Journal

An interesting read from the NY Times (click here) especially the desire on the part of Murdoch to allow the Bancroft family to sit on a special board with content oversight of the Journal. Murdoch is not asked whether he will sweeten the offer, but by citing union rep who thinks Murdoch will lift the $60 offer, I think the odds are about 60/40 that the bid is sweetened to seal the deal.

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