May 19, 2007
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…)