Robert MacMillan of Reuters reports that Dow Jones & Co., the parent of The Wall Street Journal, is seeking a correction of a Journal story about the parent company being sold to News Corp.
MacMillan wrote, “The Journal and its owner, Dow Jones, are in a dispute over whether the company was considering paying the legal fees of Bancroft to get further support for the buyout by Murdoch’s News Corp.
“The story, published in the Thursday edition of the newspaper, said the payment would be in exchange for Bancroft not using a trust he oversees to block the sale.
“‘Dow Jones is asking for a correction,’ said a Dow Jones spokeswoman.
“She would not specify what was wrong.
“A spokesman for the Journal said the newspaper had no plans to run a correction.”
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