Bancrofts to Consider Murdoch Bid, 'Close Vote' Predicted

The Bancroft family will meet today to consider News Corp.'s $5 billion bid for Wall Street Journal parent company Dow Jones. "It is going to be a close vote," says Ken Doctor, an analyst with research firm Outsell. "This is the decision of a lifetime for the family."

The New York Sun has the full story.

Murdoch Woos Bancrofts With Flattery, Not Higher Bid

Rupert Murdoch is trying to persuade the Bancroft family to sell him Dow Jones by offering appeals to their pride -- but not more money. "We admire the Bancroft family," he says. Wall Street firms are becoming pessimistic that Murdoch will succeed. A competing bid is seen as unlikely.

Bloomberg has the full story