Murdoch wants the Wall Street Journal

Discussion in 'Current Affairs, News and Analysis' started by Bugsy, Jun 3, 2007.

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  1. Murdoch the Greedy is making a serious bid to take over the Wall Street Journal. Apparently the Bancroft family, who hold the majority in the parent company Dow Jones and Co, are concerned about the influence he might want to take on editorial independence and seek reassurances on that point.

    On the other hand, if he’s not going to try and exert influence, why take over the rag in the first place? Apart from that, he’s got previous.
    Taken from this article:
    Very strange goings-on indeed. But how loadsa dosh can make people change their minds, eh?