Murdoch- Dow Jones bid drama winds down

News Corp. has set the end of the day today as its deadline for Bancroft family members to approve their $5 billion offer for Dow...

News Corp. has set the end of the day today as its deadline for Bancroft family members to approve their $5 billion offer for Dow Jones. The latest word from the Wall Street Journal is that about 28% of the family currently appears to support the offer, but News Corp. needs at least 30%. Murdoch's company says it is "highly unlikely" it will proceed with the bid unless it receives the support it needs today.

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