DOW JONES SHAREHOLDERS APPROVE SALE TO RUPERT MURDOCH’S NEWS CORP
December 13th 2007 03:25
The Wall Street Journal’s website today reported that Dow Jones’ shareholders have approved sale to Rupert Murdoch's News Corporation.
A count of the proxy votes ahead of a shareholder meeting later today showed shareholders owning more than half of the company's voting power supports the sale.
Dow Jones's board approval was acquired in July after members of the controlling Bancroft family said they would support the sale.
Before today’s closing of the deal, Rupert Murdoch appointed News Corp veteran Les Hinton as Dow Jones chief executive and named Times of London editor Robert Thomson as the publisher of The Wall Street Journal (See MediaBlab archive.)
- From MediaBlab by Peter Olszewski via Dow Jones' Factiva
A count of the proxy votes ahead of a shareholder meeting later today showed shareholders owning more than half of the company's voting power supports the sale.
Dow Jones's board approval was acquired in July after members of the controlling Bancroft family said they would support the sale.
Before today’s closing of the deal, Rupert Murdoch appointed News Corp veteran Les Hinton as Dow Jones chief executive and named Times of London editor Robert Thomson as the publisher of The Wall Street Journal (See MediaBlab archive.)
- From MediaBlab by Peter Olszewski via Dow Jones' Factiva
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