Rupert Murdoch Offers Dow Jones $5 Billion for the Chance to Strike Fear in WSJ Staffers
Sixty dollars per share is what News Corp. is valuing Dow Jones at, having submitted an unsolicited all-cash $5 billion takeover bid for the Wall Street Journal publishing company — which is sort of like saying "suck it bitch, and enjoy it." Morning Call's David Faber broke the news on CNBC this morning, leading industry watchers to wonder just how many newspapers Rupert Murdoch needs to champion his business interests.
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[...] up to Worst Expectations Since Rupert Murdoch began courting the Wall Street Journal way back in May, people working at Dow Jones feared the acquisition would come at the price of job cuts and loss of [...]
[...] Rupert Murdoch began courting the Wall Street Journal way back in May, people working at Dow Jones feared the acquisition would come at the price of job cuts and loss of [...]
[...] Rupert Murdoch began courting the Wall Street Journal way back in May, people working at Dow Jones feared the acquisition would come at the price of job cuts and loss of [...]