Murdoch, Bancrofts: 'Very Solid' Progress

A meeting between Rupert Murdoch and the Bancroft family brought the sale of Wall Street Journal parent Dow Jones one step closer

News Corp. (NWS) Chief Executive Officer Rupert Murdoch on June 4 made what insiders call "very solid" progress toward buying Dow Jones (DJ), parent of The Wall Street Journal, making a deal now appear very likely, they say.

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