Motley Fool contributing writer Rick Munarriz writes Thursday that the new Fox Business Network will be successful with or without the help of Dow Jones & Co., the parent of The Wall Street Journal, which its parent News Corp. wants to buy for $5 billion.
“With smaller properties such as TheStreet.com seemingly chummy with CNBC and Thomson in the process of acquiring Reuters, Dow Jones is the perfect, eligible fit in News Corp.’s master plan of broader business coverage.
“With FBN’s debut now just three months away, it seems as if Fox — guided by former CNBC star Neil Cavuto — has no problem going it alone.”
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Here's Cramer's take on the Dow Jones acquisition http://www.stocktagger.com/2007/07/cramer-speculates-on-higher-price-for.html