company town

Murdoch Makes a Move on Dow Jones

• News Corp. made an unsolicited offer of $60 a share for Dow Jones today, sending the share price up 58 percent on the news before trading was suspended. [CNBC]
GQ auctioned off a one-month internship in its marketing department on eBay. The winner paid $30,200 — likely more than a marketing assistant makes in a year. [eBay via Media Mob/NYO]
• Contrarian Christopher Hitchens called the Virginia Tech shootings a “non-story” at the annual ASME board meeting yesterday. [Fishbowl NY/Mediabistro]

• Rulings on motions in Aaron Charney vs. Sullivan & Cromwell leave the associate with the upper hand. [Above the Law]
• Bad blood between Eliot Spitzer and Joe Bruno may keep state judges from getting the raise they want. [NYT]
• Happy Law Day! Dwight Eisenhower proclaimed May 1 Law Day in 1958 to provide a more “American” alternative to all those pinko May Day celebrations. [Law Blog/WSJ]

• By measuring funds raised since 2002 instead of total assets under management, Private Equity International crowned the Carlyle Group the world’s largest private-equity firm, a title under considerable criticism. [DealBook/NYT]
• Morgan Stanley’s CFO David Sidwell will retire at the end of the year. He will be replaced by Colm Kelleher, currently head of Morgan’s global capital markets. [WSJ]
• Business travelers, pack your emergency food kit for those long waits on the tarmac. [NYT]

• Kate Moss posed in the windows of Topshop to launch her new line. The store’s Website was down but then sold out of most of her collection. [Fashionologie]
• Gareth Pugh is designing a T-shirt line with Uniqlo. [Fashionista]
• Nike may open a 3,200-square-foot store on the southern fringe of Soho. [Crain’s NY]

Murdoch Makes a Move on Dow Jones