Washington Post | Economic Principals
If
Rupert Murdoch can assure the Bancrofts that he will not meddle in the news coverage of the Wall Street Journal, the family will tell Dow Jones' board of directors it can start negotiating a sale price with the media mogul, reports
Frank Ahrens. A source tells him that market conditions and Murdoch's own appeals have helped the sometimes-fractious family see the merits of News Corp.'s $5 billion bid. ||
DAVID WARSH: "Murdoch is not now and never has been is an aspirant to the very demanding role of Impartial Spectator."