Monday, September 24, 2007

Bancroft-Dow Jones deal sweeter than you think

Rupert Murdoch's takeover of Dow Jones, owner of the Wall Street Journal, has gotten OJ-like coverage by us business-news types. Yet here I am, writing about it yet another time. Why? Because I'm interested in one little-noticed detail - the way selected Dow Jones shareholders will be able to defer taxes on their gains by getting $60 a share worth of News Corp. stock rather than cash.



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[Source: Financial news of the day - CNNMoney.com]

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