Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?Try as I might, I 'm not sad that the Bancrofts may lose control of Dow Jones & Co. (NYSE: DJ) to Rupert Murdoch's News Corp (NYSE: NWS).
Though some journalists are arguing that a Murdoch victory would signal the end of civiilization as we know it, at least he'll take an interest in the Wall Street Journal, which is more than could be said about the Bancrofts. They watched idly as incompetent CEOs ran the publishing company into the ground and shareholders not related to them got the shaft.
Would Murdoch be that much worse? Compared with other publishing families, the Bancrofts have shown a remarkable lack of interest in their family business.
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