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Technology Stocks : Media Industries: Newspapers, TV, Radio, Movies, Online
NFLX 89.44-1.2%Jan 9 9:30 AM EST

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To: stockman_scott who wrote (193)7/31/2007 11:31:14 AM
From: Sr K  Read Replies (1) of 8848
 
Done deal.

Reuters Business News
10:44 a.m. 07/31/2007

CHICAGO (Reuters) - Dow Jones & Co. Inc.'s (DJ) controlling Bancroft family "has accepted" News Corp.'s (NWSA) $5 billion offer to buy the publisher of the Wall Street Journal, an executive of a Dow Jones unit said on Tuesday.

"The Bancroft family has accepted," John Prestbo, editor and executive director of Dow Jones Indexes, told reporters on Tuesday in Chicago. Dow Jones "will be part of News Corp," he said.

Prestbo told Reuters the information came from an internal company memo.
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