Tuesday, July 31, 2007

Amazing what $5 billion can buy

Countries, companies, family members...

Rupe couldn't possibly make the WSJ's editorial page any worse, but he can turn their news section into FOX writ large on dead trees.

Bancroft Family to Support Murdoch Bid for Dow Jones - washingtonpost.com
Enough family owners of Dow Jones & Co. have agreed to support Rupert Murdoch's $5 billion bid for their company, which would likely give the global media mogul ownership of the Wall Street Journal -- a prize he has long coveted.
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Posted by Fred W at 2:22 PM