Dow Jones Falls on Concern Bancrofts Will Reject Bid
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."