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

By Dylan on May 1, 2007 11:52 AM

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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:

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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

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