Louis Hau of Forbes.com takes a look at what might happen to the business side of Dow Jones & Co., the parent of The Wall Street Journal, if News Corp. CEO Rupert Murdoch is successful in purchasing the company from the Bancroft family.
“The post-merger transition will also be helped by the fact that Murdoch and Dow Jones’ senior management already appear to be on the same page strategically. In fact, to get a further hint of the kinds of changes ahead for Dow Jones and its flagship publication under the News Corp., it might not hurt to look backward for a moment.
“Yes, there has been a well-documented litany of missteps, including Dow Jones’ epic mismanagement of its acquisition of financial data service Telerate, which weakened the company’s competitive position vis-a-vis aggressive rivals like privately held Bloomberg and left the company with significant exposure to the declining market for print advertising.”
Read more here.
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