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Murdoch acquires Dow Jones
NEWSWATCH: News Corp, run by Rupert Murdoch, will be taking over Dow Jones & Co and The Wall Street Journal in a US$5 billion takeover deal, reports Business Report and Mail & Guardian Online, subject to shareholder agreement. This historical deal is a result of Murdoch gaining support from the Bancroft family.
For more, go to Business Report and Mail & Guardian Online.