almost-over-now

Dow Jones: The Bancrofts' Last Stand

abalk · 07/18/07 09:40AM
  • "The board of Dow Jones & Co. voted to approve News Corp.'s $5 billion bid for the company last night, with two directors abstaining from the vote and one leaving the meeting early, according to people familiar with the matter.... [A source said] legal liability prevented the two Bancroft members from registering "no" votes, but that their sentiment was against the deal." [WSJ]