Murdoch Buying Dow Jones?

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Any thoughts on this?

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News Corp. CEO Rupert Murdoch overcame a key hurdle Tuesday to his $5 billion bid for Dow Jones. He reached agreement with a board committee on the principals of a plan to protect the editorial independence of The Wall Street Journal, according to executives briefed on the matter.
With a basic understanding of editorial terms in place, talks can begin on financial details of the offer, said the executives, who would not be identified because the talks are ongoing. For example, his $60-a-share proposal left open whether it would be in cash or a combination of cash and News Corp. stock.

The whole story can be found at: http://www.usatoday.com/money/media/...ow-jones_N.htm