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Murdoch Seizes Wall St. Journal In $5 Billion Coup

Rupert Murdoch has won the Wall Street Journal. The boards of directors of Journal parent Dow Jones & Co. and Murdoch's News Corp. approved Murdoch's unsolicited $5 billion bid for the company last night, according to a source. The offer received more than enough support from the deeply split Ban...
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By Frank Ahrens