There’s a secret password to avoid the business media assembled to cover the Bancroft family meeting at a Boston hotel as it discusses whether to sell Dow Jones & Co., the parent of The Wall Street Journal, to News Corp. for $5 billion write Matthew Karnitschnig and Sarah Ellison of The Journal.
They wrote that the meeting began after lunch, and some attended via telephone. They will have several days to vote.
They wrote, “A throng of reporters, photographers and camera crews awaited family members as they arrived at a Hilton hotel in Boston’s financial district. Family members greeted each other and gathered with their advisers in a conference room that was cordoned off from the press. Attendees were told to ask for ‘a family meeting’ and were directed to the conference room, but in an apparent effort by the family to throw reporters off the scent, people asking for the Bancrofts or Dow Jones were told the meeting was in a different hotel.”
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