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ARTIST: RICHARD LAZZARA
ART GALLERY BOULDER COLORADO USA

shankargallery
Date: 2007-09-11 12:20
Subject: How they tried to stop Murdoch
Security: Public
clipped from www.smh.com.au
How they tried to stop Murdoch
Miriam Steffens
But Mr Murdoch emerged the winner. Dow Jones was forced to
accept his $US60-a-share offer in early August, ending the Bancroft
family's 105 years of stewardship, after the three-month search
failed to produce a "competitive alternative proposal", documents
filed with the US stock market regulator on Friday show. The
publisher also agreed to pay News Corp $US165 million should it
back out and let the deal collapse, the filing reveals.
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