Will Murdoch raise his bid for Dow Jones?

Rupert Murdoch's $5bn (£2.5bn) bid for the Wall Street Journal's owner, Dow Jones, may yet succeed. William Bird, a Citigroup analyst, predicts that Murdoch will raise his bid. And two shareholders have sued the Dow Jones board for deciding not to consider the bid. One lawsuit accuses the Bancroft family of putting their personal interests ahead of the interests of shareholders. (Via Editors' weblog)