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News Corp. to buy Dow Jones for $5.6 billion

This has just arrived in my feed reader:

NEW YORK (Reuters) – News Corp. said on Wednesday that it would buy Dow Jones & Co Inc. for $5.6 billion after gaining enough support from the family that controls the Wall Street Journal’s publisher.

I don’t even use MySpace but, i follow this Rupert’s dude move ever since he bought my favorite football club, Manchester United, back then and sold it back. So the media investment giant (guru) continue his regular buy and sell activities. In this case, if you are in publishing business, you shall post this to your media right? Well, despite what he has done, i think Rupert has done many great things in media business teach everyone lessons. Anyway, original article can be found at Yahoo! news.

Thanks & have a good day…!

Robin Malau


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