Dow Jones & Co. shareholders will vote Dec. 13 to sell the parent company of The Wall Street Journal, Marketwatch and Barron’s to News Corp., according to an amended News Corp. S-4 filed Tuesday with the Securities and Exchange Commission.
The Bancroft family that controls Dow Jones has agreed to vote 37 percent of its stock in favor of the deal, which gaurantees that it will go through because its stock has extra voting rights.
The shareholders meeting will be held in the Grand Ballroom at the New York Marriott Financial Center, located at 85 West Street, in New York, at 10 a.m., according to the filing. The deal is expected to close soon after the annual meeting.
If you haven’t looked at the S-4, it includes the following:
1. Background to how the deal was negotiated.
