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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