Billionaire investor eyes bid for Dow Jones

Billionaire investor Ron Burkle is working with a union representing workers at Dow Jones & Co to explore alternatives to Rupert Murdoch's $5bn (€3.69bn) bid for the company, which publishes The Wall Street Journal.

The Independent Association of Publishers' Employees said in a statement yesterday that it had reached out to Burkle, as well as the billionaire investor Warren Buffett and others, in an attempt to find other potential buyers for Dow Jones.