The union that represents business journalists at The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires wants to get a new contract agreed up before News Corp. CEO Rupert Murdoch closes on his deal to acquire Dow Jones & Co., writes the New York Post’s Keith Kelly.
Kelly wrote, “IAPE’s last contract with Dow Jones expired on March 31 and union members have been working without a contract ever since.
“‘I’m hoping it will be done as soon as we can get a quality deal,’ said IAPE President Steve Yount, who said the union was ‘disappointed’ that enough members of Dow Jones’ controlling Bancroft family appeared to be voting in favor of News Corp.’s offer.
“‘My hope is that he [News Corp. Chairman Rupert Murdoch] would want it done before and have some labor peace here for the next three years,’ Yount said.”
Read more here. The union opposed Murdoch’s acquisition of the company.Â