Destroying Dow Jones to Save It

May 19, 2007
Talking Business
By JOE NOCERA

So let’s see. We’re now into week No. 3 of the business world’s favorite new soap opera, “Mr. Murdoch Lusts After Dow Jones.” And what a strange week it’s been.

You’d think that when someone offers $60 a share for a stock that has been stuck in the $30s, as the News Corporation’s chairman, Rupert Murdoch, did, the controlling shareholders would, at the very least, want to really grapple with it. (more…)

Published in: on May 19, 2007 at 1:40 pm  Leave a Comment  

Reinventing newspapers is Murdoch’s long-range goal

In Rupert Murdoch’s world, two things are certain: the sun never sets on the kingdom, and a television is always on in the background.

Published in: on May 16, 2007 at 8:39 pm  Comments (1)  
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