Today our managing partner, Ken Marlin, was quoted in a discussion of News Corp’s bid for Dow Jones by Steve Rosenbush for Business Week. News Corp. Chairman Rupert Murdoch has a reputation as one of the corporate world’s savviest dealmakers, thanks in part to his $580 million acquisition of Internet powerhouse MySpace. Now Murdoch is back, with a bigger and possibly even bolder proposal: a $5 billion offer for Dow Jones, publisher of a blue chip business news empire that includes The Wall Street Journal. Murdoch offered an eye–popping 65% premium for the company, which has been struggling, as have…
May 21, 2007
Smoking Out Suitors for Dow Jones
In the News 0 Comments