Shareholders give OK, Murdoch wins Dow Jones

Cory Bergman December 13th, 2007

Explains the NY Times: “(Dow Jones) shareholders accepted a $5.3 billion offer that paid them far better for their holdings than anyone would have predicted just months ago, and that demonstrated once again Mr. Murdoch’s charter membership in the distinct minority who are enthusiastic about the industry’s future. The vote was 60.27 percent in favor.”

Also: Prof predicts Murdoch’s WSJ will end up looking like USA Today