Murdoch won't let Bancrofts control editorial oversight board

Dennis Berman and Sarah Ellison of The Wall Street Journal write for Monday’s paper that News Corp. CEO Rupert Murdoch is unlikely to bend on allowing the Bancroft family, which controls Dow Jones & Co., the Journal’s parent, to control an editorial oversight board of the paper if he is allowed to acquire the company. […]

What will the Bancrofts want from Murdoch?

Andrew Ross Sorkin writes in the Sunday New York Times about what the Bancroft family that controls Dow Jones & Co., the parent of The Wall Street Journal, will want from News Corp. CEO Rupert Murdoch to become convinced that they can sell the company to him and he won’t interfere in its journalism. The […]

How Murdoch will try to sway the Bancrofts

Corky Siemaszko of the New York Daily News writes Saturday about the tactics that News Corp. CEO Rupert Murdoch will use with the Bancroft family when they meet on Monday in an attempt to try to convince them to sell Dow Jones & Co., the parent of The Wall Street Journal. Siemaszko wrote, “‘The moment […]

What changed the Bancrofts' minds

Matthew Karntischnig, Sarah Ellison, Susan Pulliam and Susan Warren write in the Saturday Wall Street Journal that there were four factors that convinced the Bancroft family, the majority owners of Dow Jones & Co., to talk to News Corp. CEO Rupert Murdoch about selling the owner of the Journal. But the biggest one was the […]

WSJ reporters, editors hope for another bidder

A group of about 15 Wall Street Journal reporters and editors met in a conference room at the paper’s headquarters Friday and said they hoped to find another bidder they could endorse, according to New York Times reporters Eduardo Porter and Louise Story in an article for Saturday’s paper. News Corp. CEO Rupert Murdoch has offered […]

Bancrofts, Murdoch will meet on Monday

Richard Perez-Pena of The New York Times writes for Saturday’s paper that Bancroft family member Leslie Hill is the one who pushed other members to talk to News Corp. CEO Rupert Murdoch about his offer to buy the company they control, Dow Jones & Co., the parent of The Wall Street Journal. Perez-Pena wrote, “On […]

It's WSJ vs. NYPost on Wall Street

Verena Dobnik of The Associated Press went to Wall Street on Friday to gauge the reaction of readers about the possibility that The Wall Street Journal and the New York Post would be owned by the same company if News Corp. CEO Rupert Murdoch was allowed to buy Dow Jones & Co. Dobnik wrote, “The […]

After years of making bad moves, did Bancrofts get one right?

Paul Thomasch of Reuters writes Friday about the multiple bad decisions made by the Bancroft family that controls Dow Jones & Co., the owner The Wall Street Journal, from picking bad executives to run the company to ignoring it outright. But they finally may have gotten one decision right. Thomasch wrote, “‘This is a deal […]

Ottaway disappointed in Bancroft family decision

Jim Ottaway, a former senior vice president of Dow Jones & Co. who ran its community newspaper division, issued a statement Friday posted on The Wall Street Journal web site expressing disappointment in the Bancroft family’s decision to discuss selling the company to News Corp. CEO Rupert Murdoch. Ottaway stated, “The best guarantee of the […]

Other Dow Jones bidders unlikely

Leon Lazaroff of Bloomberg News writes that it’s unlikely that any other bidders for Dow Jones & Co., the parent of The Wall Street Journal, will be able to top News Corp. CEO Rupert Murdoch‘s $5 billion bid for the company now that its controlling owners, the Bancrofts, have agreed to talk. Lazaroff wrote, “The […]