News Corp. shares gained Friday on a report by Axios that Michael Bloomberg is interested in acquiring the company’s Dow Jones unit.
The stock climbed 2.8% to $18.31 at the close in New York. Axios, citing an unidentified person familiar with Bloomberg’s thinking, said Bloomberg hasn’t approached News Corp. controlling owner Rupert Murdoch or hired any advisers to evaluate such a move. Axios also said Bloomberg might be interested in buying the Washington Post.
