Wall Street Journal
Talks have speeded up ever since the Bancrofts last week gave Dow Jones’ board the power to negotiate with News Corp., reports Sarah Ellison. Negotiations are said to be constructive and an agreement in principle for News Corp. to acquire Dow Jones could come together quickly. But an agreement would be subject to the direct approval of the Bancroft family’s four board representatives, and would be made only after consultation with the broader family. || Related NYT and WP stories.