Stories related to: Wall Street Journal

Another would-be Dow Jones suitor emerged this afternoon: Pearson, which publishes the Financial Times. In a media-company-news hall of mirrors, the Wall Street Journal reports that Pearson is searching for partners in its "longshot" bid and has approached Hearst and GE; the FT reports that its parent company has "sounded out" GE, which owns CNBC. More »

The Wall Street Journal employees' union, in search of a white knight as Dow Jones and Rupert Murdoch appear to be moving closer to a deal, has enlisted the help of supermarket billionaire Ron Burkle. News Corp. has offered $60 a share for the company, and one analyst tells Bloomberg, "I'm skeptical Burkle and the union can compete with Murdoch." More »

Rupert Murdoch has renewed his vow to maintain the Wall Street Journal 's editorial independence should his bid for Dow Jones succeed, but it's unlikely he'll allow the controlling Bancroft family to run an editorial oversight board. That sticking point could be a deal-breaker, the Journal reported hours before today's scheduled meeting between the parties. More »

Shenanigans at the New York Post may mean trouble for Rupert Murdoch's Dow Jones bid, David Carr writes in today's Times. The tales of sex, lies, and bribery spicing up Page Six are normal fare for the gossip standby, but the fact that they're about the Post itself may not sit well with the owners of the Wall Street Journal. More »

Rupert Murdoch doesn't want to shake things up at Dow Jones—or so he implied in a weekend missive wooing the Bancroft family. In the folksy, flattering letter, Murdoch called himself "first and foremost" a "newspaper man," and promised to appoint an independent editorial board for the Wall Street Journal should he take over the company. More »

The looming Murdochization of the Wall Street Journal highlights what people should have realized long ago, writes Gary Weiss: just how disastrous public ownership is to the newspaper business. Every time that investors' bottom lines are matched against journalistic integrity, journalism gets tramped. "The only solution," he says, "is to get rid of the shareholders." More »

The SEC has filed its first suit for insider trading involving Rupert Murdoch's bid to buy the Wall Street Journal 's parent company. The agency alleges a Hong Kong couple knew about the offer when they bought $15 million of Dow Jones stock in April and sold it for an $8.18 million profit after the announcement two weeks later. More »

The New Yorker profiles columnist and technology prophet Walt Mossberg, whose word has decided the fate of many a digital revolution. Mossberg's mantra is that technology should be easy and elegant, and he tells Ken Auletta that companies like Mac and Microsoft still have a ways to go in satisfying him. More »

A powerful shareholder in Dow Jones  is opposing Rupert Murdoch's takeover bid, saying the tabloid publisher would destroy the Wall Street Journal 's integrity. James Ottaway Jr. said Murdoch "has for a long time expressed his personal, political and business biases through his newspapers and television channels." More »

Rubert Murdoch sometimes finds Wall Street Journal stories a little long. He'd like to see more politics on the editorial page, and to launch a glossy magazine for the Saturday edition . The Aussie tycoon wasn't shy about sharing plans for the paper, should he succeed in buying parent company Dow Jones, in a lengthy sit-down with the Times. More »

The Bancroft family's rejection of Rupert Murdoch's $5 billion offer for Dow Jones set the stage yesterday for a battle with other shareholders and the board of directors—as well as within the family itself. Without the family's controlling votes, the board would likely jump at the offer, a 67% premium over the company's closing price Monday. More »

The Bancroft family, which controls Dow Jones, rejected Rupert Murdoch's $5 billion offer for the media giant late yesterday—but their divided response to the unsolicited bid signalled to both News Corp. and other would-be buyers that a different offer might be acceptable. More »

Rupert Murdoch's News Corp. has made an unsolicited $5 billion offer to buy Dow Jones & Co., which publishes the Wall Street Journal . Dow Jones publicized the mogul's suit today to an immediate 58% spike in value. Murdoch owns the New York Post and TV giant Fox News. More »

Donald Graham is the CEO of the Washington Post Company. He is the scion of the Graham family, which controls the Post through a dual stock structure. He explains that a dual stock structure allows a founding family or a subsequent private purchaser to use a class of public stock to exercise disproportionate voting power. More »