Wednesday, May 02, 2007

Dow Jones mulls Murdoch offer

Well, the big news on Tuesday was News Corp's unsolicited $5 billion bid for Dow Jones & Co., publisher of the Wall St. Journal and leading financial news provider.

News of the takeover proposal prompted more discussion about Rupert Murdoch's plans for competing in the business news space, as well as the appeal for newspaper investments in light of some recent deals made by interested moguls.

MarketWatch covers all these aspects of the story, as well as the consideration Dow Jones' controlling family owners are giving to News Corp's offer, in "Dow Jones mulls Murdoch offer; family to reject".

We'll be focusing more on the newspaper industry and related deals a little later in the week. Are newspapers dead or have the latest offers for prime print & online news outlets confirmed their appeal? Stay tuned.