MONDAY, MAY 14, 2007
Wall Street Journal
In the
letter,
Rupert Murdoch offers to add a Bancroft family member to News Corp.'s 15-member board if the deal goes through. He also promises to establish an independent editorial board to ensure the editorial integrity of the Wall Street Journal and other Dow Jones properties. He doesn't raise his $60-per-share offer for the company, however.
Posted at 3:37:15 PM
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