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Dow Jones’ Rejection of Murdoch Proposal Kicks Prospect of Journal TV Channel into Touch

At 01 May 2007 10:27:30 in MDI-Newswire Services, Market Data Insight    Print Article  Email Article   Full content requires subscription 

Dow Jones’ Rejection of Murdoch Proposal Kicks Prospect of Journal TV Channel into Touch While the market data world salivated (or something like that) over the prospect of a Reuters/Thomson Financial combination, the action that may in fact have triggered the idea was almost forgotten. Dow Jones & Co. rejected News Corp.’s offer to buy the company at $60 a share, and the prospect of Rupert Murdoch’s company coming up with a revised offer that would convince the controlling Bancroft family to sell the proverbial crown jewels appeared bleak.



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