Murdoch s global media empire the News Corporation . The vote gives Mr. A few hours after the vote Mr. He added If anything you ll find we set a higher bar. The legal and operational handoff from one company to the other was already taking place by midday. Several high level Dow Jones executives including the publisher L. Murdoch was accompanied in the newsroom by two of those successors Robert J. He who stands still will be overrun. The newsroom s leader Marcus W. Brauchli managing editor of The Journal is staying on. He did not speak and was not acknowledged by Mr. With annual revenue of about billion Dow Jones is relatively small in an age of conglomerates. But it is one of the most influential forces in American media especially in financial news where Mr. Murdoch has placed big bets. Murdoch approached Richard F. Murdoch formally offered a share for a stock that had been trading in the mid s. In the end shareholders accepted a . billion offer t! hat paid them far more for their holdings than anyone would have predicted months ago. That demonstrated once again Mr. Murdoch s membership in the distinct minority who are enthusiastic about the industry s future. The family s ambivalence was evident in the voting breakdown of the two tiers of stock. The shareholders meeting Thursday at a hotel near Wall Street was a subdued affair with barely people in attendance. Davis a well known gadfly shareholder. Together she and Mr. Zannino offered the meeting s only levity. Davis microphone in hand walked to where Mr. Bancroft was seated and kissed him. Then she suggested that Mr. Eyeing her from about feet away he said That looks like Valentino to me. A new window will open with a dictionary definition or encyclopedia entry. Related Searches Dow Jones nytimes.
Source: http://www.nytimes.com/2007/12/14/business/media/14dow.html
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