Christopher Bancroft
Bancrofts Blow 5 p.m. Deadline
You might think that a family journalism dynasty would be more conscious of deadlines—but alas, the Bancrofts have already blown News Corp.’s 5 p.m. cutoff. Family advisors and Dow Jones board members tried convincing holdout family members to accept Rupert Murdoch’s $5 billion bid, according to the Wall Street Journal. read more »
Key Bancroft Now Opposes Dow Jones Deal; Greenspan Offer Still on the Table
One previously undecided member of the Bancroft family, who votes about 15 percent of Dow Jones shares, has come out against a deal to sell the company to Rupert Murdoch's News Corp., The Wall Street Journal reports.
Jane Cox MacElree, whose daughter, Leslie Hill, brought Brad Greenspan and Ron Burkle's counterproposal before the board of directors of the company, is said to have stated her position during family meetings begun in Boston yesterday. read more »
The Magnificent Bancrofts: Giant Dow Jones Family Breaking Up Over Sale
Today's Wall Street Journal has some valuable retread over the events at Tuesday night's meeting between representatives of Rupert Murdoch's News Corp. and the board of directors of Dow Jones Inc., which is considering selling itself to the Australian-born media mogul. read more »
