Paul Steiger's Memo To The Wall Street Journal's Newsroom Regarding The News Corp Bid

A friend passes this along:

To the staff,

It is never easy to cover one’s own organization, but I know you are up to the task. A few reminders:

—It is always crucial to be accurate and fair. It is intensely crucial when we are the subject of the story.

—That an offer for the company would come at a price so far above the recent market, particularly at a time when newspaper stocks have been depressed, is a testament to the high quality and integrity of your work and the huge respect it carries.

—The best thing for all of us to do is to continue that high-quality work, and to avoid getting caught up in what-ifs. That is particularly true when you get calls from the media, which many of you will. My strong recommendation is that you refer all such calls to [WSJ spokesman] Bob Christie.

Best regards, Paul Steiger

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