We may have entered the end game, at last, in the Dow Jones takeover by News Corp. Meetings this week between each company's directors "could prove decisive" in Rupert Murdoch's acquisition of the Wall Street Journal.
If the two sides then reach a tentative agreement, they will send it for final approval to the full Dow Jones board and to members of the Bancroft family, which controls 64% of the company's voting power. Even then, given the hostility of some of the family - including a concerted move by Christopher Bancroft to block Murdoch - their deliberations could take a week... or more. On June 27, Murdoch said he expected a deal within "the next two, three weeks' time or not at all." That deadline will be reached in two days' time. (Via FT.com)
