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Untitled Document

Bancroft family will consider being tricked into selling out to Rupert Murdoch

Published: Thursday, May 31, 2007

The Bancroft family who controls DowJones will act as if they are weighing other options but will really be considering Rupert Murdoch's offer to buy them out. Of course there are some, especially in the newsrooms who are hoping a deal doesn't happen because they know what will happen the moment the ink dries on the agreement. So will the Bancrofts bite after behaving as though they weren't blown away by Rupe's generous offer?


The family earlier on Thursday said it would meet Murdoch, a softening of its earlier opposition to his $60-per-share offer for the company.

Sure you will Bancrofts, sure you will!!
Dow Jones to consider Murdoch bid, other offers [Reuters]

Labels: DowJones, Newscorp, RupertMurdoch

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