Time's up for warring Bancrofts

David Litterick of The Telegraph newspaper in London writes that the Bancroft family that controls Dow Jones & Co., the parent of The Wall Street Journal, is still as divided as ever about selling the company to News Corp. CEO Rupert Murdoch, but relieved about handling the negotiations, which will now be done by the […]

Pearson and GE decide against Dow Jones bid

General Electric Co., the parent of business news cable channel CNBC, said Thursday that it would not pursue a bid for Dow Jones & Co., the parent of The Wall Street Journal, with Pearson Plc, the parent of The Financial Times, according to a story on the Journal’s web site. In a statement, GE and […]

Shafer already fearing Apple suck-up by biz reporters

Slate.com media critic Jack Shafer is already bracing for the overly positive treatment that business journalists are destined to give Apple when it introduces the new iPhone next week. Shafer wrote, “Like the video iPod before it, the iPhone isn’t the first to market in its category. Helio’s “Ocean” beat it by more than a […]

Murdoch's chances increase while Bancrofts stop work on proposal

Joseph Menn of The Los Angeles Times writes Wednesday that the decision by the Dow Jones & Co. board to take over negotiations to sell the company increases the odds that News Corp. CEO Rupert Murdoch will be successful in buying the parent of The Wall Street Journal. Menn also wrote that the Bancroft family […]

Decision is "trash or slash," say Dow Jones workers

Richard Perez-Pena of The New York Times writes for Thursday’s paper that for many Wall Street Journal journalists, the decision between whether its parent company Dow Jones & Co. is sold to News Corp. CEO Rupert Murdoch or a joint bid by CNBC parent General Electric Co. and Financial Times parent Pearson comes down to […]

Dow Jones board move signals rift with Bancroft family

The decision by the Dow Jones & Co. board to take over negotiations with News Corp. CEO Rupert Murdoch and other potential bidders for the company that owns The Wall Street Journal, Barron’s and Marketwatch signals a growing rift between the Bancroft family that controls the company and the business itself, writes Sarah Ellison of […]

Bidder says he can triple views to WSJ.com and Marketwatch, beat CNBC

Internet executive Brad Greenspan, who offered Wednesday to purchase a 25 percent stake in Dow Jones & Co., the parent of The Wall Street Journal, said in a letter to its board that he believes he can triple the views to the newspaper’s web site as well as to Marketwatch.com, which is also owned by […]

Dow Jones board to take on News Corp. negotiations

Dow Jones & Co. announced Wednesday that its board of directors and representatives of the Bancroft family, which controls the company, have concluded that the best way to continue to evaluate the News Corp. proposal to acquire the company, the parent of The Wall Street Journal, would be for the board to take the lead in addressing all […]

Breakingviews.com has straightforward Dow Jones coverage

Marketwatch media columnist Jon Friedman writes Wednesday that the coverage of the potential sale of Dow Jones & Co., the parent of The Wall Street Journal, in BreakingViews.com has been particularly balanced. Dow Jones has a minority interest in the web site, and the Journal runs a column from the web site. Friedman wrote, “It […]

Large Pearson shareholder against deal for Dow Jones

A large shareholder of Pearson, the parent company of The Financial Times, has expressed his opposition to the company making a bid with GE for Dow Jones & Co., the parent of The Wall Street Journal, writes Alistair Osborne, the business editor of The Telegraph in London. Schroders owns more than 4 percent of Pearson. […]