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Revolving Door Newsletter: 06.01.07
Will Murdoch's Dow Jones Bid Be One Of Many?June 1, 2007
It's been M&A Week here at Revolving Door. The big(gest) news: the Bancroft family will indeed consider selling Dow Jones to Rupert Murdoch, or maybe someone else willing to offer even more money. It's a surprising about-face for the Bancrofts, and a waking nightmare for the staff of The Wall Street Journal, but was it really worth a spot on the front page of The New York Times? (Don't private equity concerns order up $5 billion deals as side dishes these days?)... Speaking of bankers, Nat Ives at Advertising Age is hesitantly reporting that Quadrangle ...