Friday 14 December 2007

Dow Jones shareholders approve News Corp buyout Reuters via Yahoo News

percent of Dow Jones voting power approved the deal priced at per share. There will be more than enough advertising to make up a loss of subscription fees to WSJ. It might take a year to get there. But it will get there. We have to entertain inform enrich all our readers in their lives and in their businesses. To trumpet his victory News Corp plans a million marketing campaign including ads in Friday papers. I think they re a little sensitive Murdoch told Cavuto responding to a question about the FT s decision. If I was them I would ve taken the money. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters.

Source: http://news.yahoo.com/s/nm/20071213/media_nm/dowjones_newscorp_dc_1


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