DJ, Murdoch agree - maybe

News Corp. has signed off on those editorial protections for Dow Jones, according to the WSJ, which presumably moves Rupert Murdoch one step closer to his prize catch. But still to be heard are members of the Bancroft family, which have a controlling stake in the company and will probably try to get a few more bucks from Murdoch. "Though the family has overcome some of its previous doubts about selling the company," the Journal reports, "the situation remains fluid, and some members continue to privately express resistance to a deal."

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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