Sunday, May 6, 2007

Major Dow Jones shareholder opposes News Corp. bid

(Reuters) - Ottaway's statement, published on The Wall Street Journal's Web site on Sunday, said the sale to News Corp. and its chief executive, Rupert Murdoch, would damage Dow Jones' reputation for accurate, fair, objective and reliable business news reporting.

"Murdoch promises editorial independence and no interference in news judgments if he were owner of Dow Jones," Ottaway wrote. "He has made these easy promises of an eager buyer in the past, but not always kept them."


Read more at Reuters.com Mergers News

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