Submitted: July 26, 2007 - 8:22am
Last updated: February 21, 2008 - 8:24am
Last updated: February 21, 2008 - 8:24am
DOW JONES FALLS ON CONCERN BANCROFTS WILL REJECT BID
[SOURCE: Bloomberg, AUTHOR: Cecile Daurat and Leon Lazaroff]
Dow Jones & Co.'s stock fell to its lowest in two months after a meeting of the company's controlling shareholders heightened concern they will reject Rupert Murdoch's $5 billion bid. "The market is putting a higher and higher probability that the deal is not going down,'' said Robert Willis, chief investment officer of Willis Investment Counsel."
http://www.bloomberg.com/apps/news?pid=20601103&sid=a2JCa9DPd1N4
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