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.
Have you registered with us yet?
Register now to enjoy more articles and free email bulletins