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bowerbird
07-17-2007, 10:04 PM
Rupert Murdoch's News Corporation has reportedly agreed to a tentative deal to buy the company which owns the Wall Street Journal newspaper.

Mr Murdoch made the surprise $5.5 billion bid for the Dow Jones company, which owns the Wall Street Journal, in May.

Now the Wall Street Journal is reporting that the News Corporation boss and the chief executive of the Dow Jones company have reached a tentative deal.

http://www.abc.net.au/news/stories/2007/07/18/1981154.htm

Oh! Well! There goes the neighbourhood!!:(