Sacha Pfeiffer of The Boston Globe writes Friday that Boston attorney Michael Elefante, who represents the Bancroft family trusts that control Dow Jones & Co., will play a key role when the family meets next week to decide whether to sell the company to News Corp.
“Monday’s meeting will be informational, according to a Bancroft family spokesperson. No vote will be held and no sale decision will be made. Participants will be briefed on the deal’s status and given an opportunity to air their opinions and ask questions.
“Once the meeting ends and family members have had several days to consider the proposal, Elefante will canvass the family members individually to determine whether they support the sale. He will then inform News Corp. and the Dow Jones board of the family’s level of support.”
Read more here.
Business Insider founder Henry Blodget sent out the following on Friday: Team, Seventeen years ago,…
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com, Barron's and Investor's…
The Independent has hired Justin Baragona as a senior reporter. He will be covering the intersection of…
Author and editor James Ledbetter was a beloved friend, Economic Hardship Reporting Project Board member…
Financial Times editor in chief Roula Khalaf sent out the following on Friday: Hello everyone I'm pleased…
Ken Brown of The Wall Street Journal is leaving the news organization. He is an…