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.

• 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.

Newspaper wrap-up 5-23-07: Bancroft family to meet and discuss bid on Dow Jones originally appeared on BloggingStocks on Wed, 23 May 2007 09:15:00 EST. Please see our terms for use of feeds.