I enjoy my stodgy old Wall Street Journal. The news articles are usually well-written, there are usually stories that I can’t find elsewhere, and I consistently disagree with the Op-Eds enough to provide plenty of fodder for potential blog posts.
So, it was with some interest that I encountered this wire service story:
Dow Jones & Co., publisher of The Wall Street Journal, said Tuesday it has received an unsolicited bid from Rupert Murdoch’s News Corp. to buy the company for $60 per share, or $5 billion.
News Corp. owns several media companies, including Fox.
I don’t know whether to be amused or deeply disturbed by the notion of the WSJ developing a Fox News-ish flavor.
1 response so far ↓
1 Mike The Actuary’s Musings » Update on FoxWSJ — Dow Jones Says No // 1 May 2007 at 8:10 pm
[...] wrote earlier that Murdoch was seeking to add Dow Jones and the Wall Street Journal to his stable of media [...]