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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (111707)	7/31/2007 1:31:23 AM
From: CalculatedRisk	Read Replies (2) \| Respond to of 361731

Dow Jones Deal Gets Closer As Talks Turn to Fees online.wsj.com News Corp. and Dow Jones & Co. edged closer to a final agreement on the sale of the publisher to the media giant late yesterday, as Dow Jones negotiated on an unusual deal for the company to cover advisory fees for its majority owners, the Bancrofts, in exchange for some holdout family members supporting the deal. The talks capped a tense day in which some family advisers and Dow Jones board members scrambled to line up enough votes to ensure the sale. A 5 p.m. deadline set by the family came and went amid apparent brinksmanship in both camps. <MORE>