This thing is looking like a done deal now. Any other bidders - Buffett or anyone - would have emerged by now. Murdoch just went so high because he knows that he can kill CNBC with this deal. The Bankcroft family will endorse this eventually - they are just holding out because they want to say in good conscious that they were concerned about editorial integrity of the Wall Street Journal.

 

Submitted: Jul 18, 2007    Views: 271    Comments: 1    Likes: 1   


View Article: http://www.nytimes.com/2007/07/18/business/media/18dow.html


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