According to an e-mail obtained by Dealbreaker.com’s John Carney, the reporters at the Wall Street Journal are beginning a letter writing campaign to the three board members of Dow Jones & Co. who are members of the Bancroft family that controls a majority of the voting stock.
The journalists want the family members to resist selling the company.
“A short letter addressed to each of the three – make a separate copy for each – urging them to stand firm can only help our cause. The board members are Leslie Hill, Christopher Bancroft and Elizabeth Steele. If you feel strongly enough to write such a letter, please try to get it to me by tomorrow (Thursday) and I will overnight a package of letters to each of them. If this is not feasible, I willl aim to get it to them by Monday. Our colleagues across the country are planning on taking part.”
Read more here.
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