Showing posts with label Dow jones. Show all posts
Showing posts with label Dow jones. Show all posts

Tuesday, July 31, 2007

Say Hello To My New Boss

Yes it looks like it is a done deal: News Corp. Appears to Have
Enough Votes to Clinch Deal
Bancroft family members owning 32% of Dow Jones & Co.'s overall votes have agreed to support News Corp.'s $5 billion bid for Dow Jones, the publisher of The Wall Street Journal, according to people familiar with the matter.

That level of support is likely more than enough to guarantee News Corp. enough votes to clinch the deal.

Let's see what happens next, maybe I will get some new toys (64 CPU SQL boxes) to play with. I'll happily take the outdated MySpace equipment also ;-)