Sleepless In Seattle: The WSJ Merger Not Yet A 'Slam Dunk'

Aug 02 2007 Filed in: Ascribe.net Preview
While we're in this great state of Washington visiting Pollock relatives, the Bancroft family eked out a minimum thumbs-up for News Corp.'s acquisition of Dow Jones/The Wall Street Journal.

Say what you want about Murdoch, but consolidated media ownership continues to suck for journalism. With a FCC review looming, Russ Britt writes for MarketWatch writes that it's too soon to call the deal done.

Update: NYT reporting that News Corp. may have improperly paid fees and influenced the deal close.
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