When news warrants, I’ve been trying to file brief updates on the bumpy road that the Murdoch-Dow Jones deal is traveling. Here’s the latest: One Bancroft family member who is a member of the Dow Jones board and staunchly opposes the Murdoch deal, Christopher Bancroft, is wearing a blue fishing cap with the words “Bite Me” embroidered on it. Another key family member who had been ambivalent about the sale and seen as a swing vote inside the clan is now definitely opposed, the Wall Street Journal reports. The family gathered at a Boston Hilton hotel on Monday to official hear Murdoch’s bid, hear a series of presentations and then to deliberate in private. Now Reuters is reporting that the clan doesn’t expect to decide the matter until early next week.
Are Bancrofts Leaning 'No' To Rupe Deal?
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