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Major Bancroft Branch to Nix Murdoch Offer

Family trust may force mogul to raise price for Journal

By Wesley Oliver, Newser Staff

Posted Jul 27, 2007 12:09 PM CDT

(Newser) – An important faction within the Bancroft family will vote against Rupert Murdoch’s controversial $5 billion deal for Dow Jones, instead demanding a significant increase of his offer. The Denver branch of the family, which owns a crucial 9.1% of Dow Jones voting stock,... Read full story »

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Major Bancroft Branch to Nix Murdoch Offer

Family trust may force mogul to raise price for Journal

Rupert Murdoch • Wall Street Journal • Dow Jones • Bancroft family • shareholders • business • acquisition • takeover • News Corp

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