© 2024 Wyoming Public Media
800-729-5897 | 307-766-4240
Wyoming Public Media is a service of the University of Wyoming
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Transmission & Streaming Disruptions

Murdoch's News Corp. OKs Bid for Dow Jones

Following overnight negotiations, the board of Rupert Murdoch's News Corp. met Tuesday afternoon and approved Murdoch's bid to purchase Dow Jones & Co., which owns The Wall Street Journal. The deal is valued at $5 billion.

Members of the Bancroft family, which has had a controlling interest in the company for a century, hold the key to the merger.

The Dow Jones board meets Tuesday evening.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

David Folkenflik was described by Geraldo Rivera of Fox News as "a really weak-kneed, backstabbing, sweaty-palmed reporter." Others have been kinder. The Columbia Journalism Review, for example, once gave him a "laurel" for reporting that immediately led the U.S. military to institute safety measures for journalists in Baghdad.
Related Content