Lounge of Tomorrow - Rupert Murdoch/New Corp. offers $5 billion for Dow Jones

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- - Rupert Murdoch/New Corp. offers $5 billion for Dow Jones (http://74.208.121.111/LoT/showthread.php?t=5742)

Ghoulish Delight

05-01-2007 10:03 AM

Rupert Murdoch/New Corp. offers $5 billion for Dow Jones

Holy crap.

http://www.msnbc.msn.com/id/18417410/

Yeah, that's what we need, Murdoch owning yet another media company.

DreadPirateRoberts

05-01-2007 10:13 AM

GD, why didn't you tell me earlier? I could have bought some DJ and made 50%.

Ghoulish Delight

05-01-2007 10:17 AM

Quote:

Originally Posted by DreadPirateRoberts (Post 133809)

GD, why didn't you tell me earlier? I could have bought some DJ and made 50%.

Sorry, the insider trading window was closed.

DreadPirateRoberts

05-01-2007 10:19 AM

Quote:

Originally Posted by Ghoulish Delight (Post 133812)

Sorry, the insider trading window was closed.

Sell Mortimer!! Sell!!

blueerica

05-01-2007 10:19 AM

I had caught a bit of that on television. It was closer to an hour ago, so I don't know what changes might have happened since, but they froze trading for a while. Once opened up, it slowly started sinking. So... /shrug

Ghoulish Delight

05-01-2007 10:37 AM

Dow Jones stock is currently up ~$18 from ~$36. The price being offered by Murdoch would be higher than that, even. New Corp stock is down a tick.

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