Newspaper wrap-up 6-21-07: More Dow Jones headlines

MAJOR PAPERS:

Mohamed Abdulmohsin Al Kharafi & Sons WLL, a Kuwaiti-based firm led by the Al Kharafi family, recently bought 1.25 million shares of Krispy Kreme Doughnuts Inc (NYSE: KKD) and now owns 7.37, or 11.4% of Krispy Kreme, according to Barron's Online's "Inside Scoop" section.
The board of Dow Jones & Company Inc (NYSE: DJ) is taking over talks on the company's future, reported the Wall Street Journal, which added in a different article that Brad Greenspan, the former CEO of MySpace says he will seek a non-controlling stake in Dow Jones through a $60-per-share Dutch auction.
The Wall Street Journal reported that the London Exchange is discussing a possible merger with Italian stock exchange operator Borsa Italiana.

OTHER PAPERS:

The Telegraph reported that state-run Russian gas company Gazprom (OTC: OGZPY) wants to nix an Exxon Mobil Corporation (NYSE: XOM)-led project to supply Russian gas to China.
The Telegraph also reported that Vodafone Group plc (NYSE:VOD) will have to pay about $900 million to avoid having its stake in Verizon Wireless reduced by 1%, as joint venture partner Verizon Communications Inc (NYSE: VZ) has the right to increase its share to 56% from 55% if Vodafone does not pay the additional money.

Tags: barron's, barrons, borsa italiana, BorsaItaliana, dj, dow jones, DowJones, exxon, exxon mobil, ExxonMobil, gazprom, inside scoop, InsideScoop, kkd, krispy kreme, KrispyKreme, london stock exchange, LondonStockExchange, lse, mobil, myspace, newspaper, ogzpy, paper, periodical, telegraph, verizon, vod, vodafone, vz, wall street journal, WallStreetJournal, wsj, xom

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