Newspaper wrap-up 5-23-07: Bancroft family to meet and discuss bid on Dow Jones

MAJOR PAPERS:

The Dow Jones & Company Inc (NYSE: DJ) controlling Bancroft family will meet in private today to review News Corporation's (NYSE: NWS) $5B offer from about two weeks ago to buy the company, reported the Wall Street Journal (subscription required).
According to the Wall Street Journal's "Live Mint," Citigroup Inc (NYSE: C) is in talks with potential bidders, including IBM Corporation (NYSE: IBM), for a stake in its business process outsourcing arm, Citigroup Global Services.
The Financial Times (subscription required) reported that Google Inc (NASDAQ: GOOG) will focus on becoming more personalized over the next five years, said Google CEO Eric Schmidt.

OTHER PAPERS:

According to inside sources, Canadian aluminum company Alcan Inc (NYSE: AL) has entered talks with global mining giant BHP Billiton Limited (NYSE: BHP) after rejecting a $28.4B hostile takeover attempt by Alcoa Inc (NYSE: AA), reported the Globe and Mail.

Tags: aa, al, alcan, alcoa, bhp, bhp billiton, BhpBilliton, c, citigroup, dj, dow jones, DowJones, financial times, FinancialTimes, ft, globe and mail, GlobeAndMail, goog, google, ibm, live mint, LiveMint, livemint.com, news corp, NewsCorp, newspaper, nws, paper, periodicals, wall street journal, WallStreetJournal, wsj

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