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It's going to be some lunch
Rupert Murdoch is going to sit down for some grub with Dow Jones CEO Richard Zannino today to sort out some outstanding issues for Murdoch's proposed takeover of the Wall Street Journal's parent company. Meanwhile, a member of the family that controls Dow Jones is still trying to block the deal. Reports say Christopher Bancroft is talking to hedge funds and private equity firms about buying enough voting shares to thwart Murdoch's $5 billion takeover bid.
Posted on July 16, 2007 7:19 AM PT | Permalink
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