Murdoch clinches deal for Dow Jones

Rupert Murdoch moved closer to owning the Wall Street Journal today as the News Corp media conglomerate signed off on the £2.5bn (€3.6bn) deal, according to US reports.

Rupert Murdoch moved closer to owning the Wall Street Journal today as the News Corp media conglomerate signed off on the £2.5bn (€3.6bn) deal, according to US reports.

News Corp has offered 60 dollars (£30) a share, or five billion dollars (€3.6bn), to buy the Journal’s publisher Dow Jones & Co.

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