Murdoch clinches £2.8bn Dow Jones takeover

by Jacquie Bowser, Brand Republic 01-Aug-07, 09:10

LONDON - Rupert Murdoch's News Corporation has finally succeeded in its $5.6bn (£2.8bn) takeover bid of Dow Jones & Co, publisher of The Wall Street Journal, after key members of the controlling Bancroft family switched sides to back the sale.

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