TUESDAY, JANUARY 3, 2006
New York
One of
James Cramer's predictions for 2006: "The Dow Jones board will decide to take
Rupert Murdoch’s offer of, say, $50 -- some $20 less than he would have offered five years ago. News Corp. will promptly close all but the editorial board and merge the news staff with that of the New York Post (don’t think Rupert doesn’t have it in him). Murdoch will also give a joyful Roger Ailes the staff he needs to set up a full-blown TV-business-network competitor to CNBC."
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Earlier prediction: WP and Berkshire Hathaway will buy WSJ (Forbes)Posted at 11:41:57 AM
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