Bancrofts Meet, Say (Almost) Nothing

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Photo: Polaris


The Bancroft family, owners of Dow Jones and its Wall Street Journal, met for something like seven hours yesterday in Boston to hear about Rupert Murdoch's bid to buy the company. There were a series of presentations but no actual debate; a decision could come as soon as later this week. Christopher Bancroft, a key opponent of the sale, spoke to reporters as he was leaving the meeting, but he wouldn't comment. He was, however, wearing a hat that said "Bite Me." Subtle.

Related: Family Talks on Sale of Dow Jones Are Called 'Not Acrimonious' [NYT]