Reuters is reporting that News Corp. CEO Rupert Murdoch visited the Wall Street Journal‘s newsroom on Wednesday, the first time since he agreed to purchase its parent company, Dow Jones & Co.
Reuters wrote, “He stayed about three hours and met with the Journal’s top editors, but did not speak widely to the newsroom, according to newsroom sources.
“Murdoch’s visit came amid strained contract negotiations, with Dow Jones’ labor union seeking to renew the employment contracts for about 2,000 members.
“The union has argued with management over the company’s health-care and pay raise proposals, calling them inadequate.”
Read more here.