Rupe Makes Huge, Crazy, Wack Bid To Buy Dow Jones

murdoch_foreign_policy.jpg

Here’s the e-mail we got earlier from a trusted tipster with the subject “crazy breaking story”:

CNBC has reported that News Corp. has made an offer for Dow jones at $60 a share. As a result, DJ stock went up *nearly 60%* in a matter of a half hour before trading was halted on it. Look up the chart somewhere, it’s totally nuts.

Indeed:

dow_chart.jpg

UPDATE: The reports are now rolling in …

  • Bloomberg: Dow Jones Shares Surge After CNBC Reports News Corp. Makes Bid
  • Reuters: News Corp makes unsolicited bid for Dow Jones
  • MEDIABISTRO EVENTS

    Get Social Media Marketing Secrets from Experts

    Create a social media strategy, launch your campaign, and track the results in our Social Media Marketing Boot Camp starting February 16. The online event and workshop will feature speakers including The Onion‘s Baratunde Thurston (left), Facebook’s Morin Oluwole, and bitly’s Tim Devane. Register now.