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]