Time to cut Rupert a break?
Let the hand wringing begin: Rupert's in charge.
As we are now aware, a $5 billion buyout bid from News Corp. for Dow Jones, parent of The Wall Street Journal, appears to have enough support from factions of the Bancroft family, which holds a majority stake in the company, apparently putting the coda on this three-month saga.
But we're only in the early innings when it comes to the grieving over the pending acquisition by Rupert Murdoch of one of the world's best newspapers. Normally, I'd let this story pass, but by virtue of News Corp.'… Read more
