Murdoch has succeeded with his $5 billion bid...

Just in from Drudge:

http://www.thebusinessonline.com/Document.aspx?id=F3C68A81-C541-4FA2-AC53-A3F052978B94

http://news.yahoo.com/s/nm/20070706/us_nm/dowjones_newscorp_report_dc_2

 

Was all over the wire this morning...just nothing formal yet.

 

And just how much NWS stock do the Chinese own now? Hmmm..

 

Dow Jones-DJ issues statement

The statement said: "An article published on Thebusinessonline.com this morning stating that an agreement in principle has been reached for the sale of Dow Jones & Company to News Corp is incorrect." :thefly

 

the business version of the nypost is born.

 

Fucking scary...does this mark the top?