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It's looking more and more as if Rupert Murdoch will win the battle for Dow Jones - and it might come soon. No explanation for the decision by Pearson, publisher of the Financial Times, not to pursue DJ (publisher of the WSJ). It had been holding exploratory talks with CNBC parent General Electric about some kind of joint bid, but the idea never gained much traction. A number of Pearson shareholders were practically in revolt over the prospects. (The Business, Bloomberg)
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| Los Angeles County Sheriff Lee Baca testified before the House subcommittee on Homeland Security today and, before he was done, had accused a Republican congressman of acting "un-American.
| Both John Malone's Liberty Media and Relativity Media are out, and Time Warner is expected to bid low.
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