The son of a bitch bought another company by hostile17Now

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The son of a bitch bought another company

POSTED BY: HOSTILE17NOW
UPDATED: Sunday, December 16, 2007 08:54
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Thursday, December 13, 2007 2:56 PM

By SETH SUTEL - AP Business Writer

NEW YORK(AP) Rupert Murdoch completed his $5 billion-plus deal to acquire Dow Jones & Co. Thursday, adding The Wall Street Journal to his global media conglomerate News Corp. and ending a century of control by the Bancroft family.

The changeover is sure to bring significant changes to the Journal, starting with a new management team that was announced late last week. Longtime News Corp. publishing executive Les Hinton will be chief executive, while Robert Thomson, editor of Murdoch's The Times newspaper in London, will be publisher. Several Dow Jones executives are departing, including CEO Richard Zannino.

Shareholders approved the deal by a margin of 60.3 percent. About 78 percent of the company's publicly traded shares were voted for the deal, while 54 percent of the Class B shares, which are largely held by the Bancrofts, were in favor.

Later Thursday, Murdoch, Hinton and Thomson addressed several hundred Wall Street Journal reporters in the paper's main newsroom. Murdoch, holding a microphone and standing on top of several boxes of copier paper, told the assembled crowd that he had high hopes for the Journal's future.

"I know that change is often difficult or creates nervousness," Murdoch said, according to a transcript provided by News Corp. "If it's particularly nervousness then certainly let us know. We're very accessible people."

"Our aim is pretty simple," Murdoch said. "We have to entertain, inform, enrich all our readers in their lives and in their businesses. We must be the preeminent source of financial information and comment in the world."

Despite a general malaise affecting many U.S. newspapers, Murdoch has said he sees major potential in Dow Jones with the booming demand worldwide for business news and information. He also intends to beef up the paper's online operations and Washington coverage, and is contemplating changes to the Journal's Web site to further open it up to non-paying subscribers.

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Thursday, December 13, 2007 5:25 PM

6IXSTRINGJACK

I knew this was Rupert before I even clicked on it.

"Our aim is pretty simple," Murdoch said. "World Domination"

"A government is a body of people, usually notably ungoverned." http://www.myspace.com/6ixstringjack

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Friday, December 14, 2007 2:49 AM

AURAPTOR

America loves a winner!

That's a cute pic of Allyson.

"Hillary tried to get a million dollars for the Woodstock museum. I understand it was a major cultural and pharmaceutical event. I couldn't attend. I was tied up at the time." - John McCain

It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager

" They don't like it when you shoot at 'em. I worked that out myself. "

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Friday, December 14, 2007 4:45 AM

BIGDAMNNOBODY

Isn't this thread title kind of harsh regarding Momma Murdoch? I mean alive or dead is/was she really a bitch? Is your hatred of ol' Rupert bleeding over onto potentially innocent victims?

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Friday, December 14, 2007 5:38 AM

SERGEANTX

Quote:
Originally posted by AURaptor:
That's a cute pic of Allyson.

Is there any other kind?

SergeantX

"Dream a little dream or you can live a little dream. I'd rather live it, cause dreamers always chase but never get it." Aesop Rock

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Friday, December 14, 2007 6:37 AM

HERO

You realize that this news is months old. It was big news months ago when he offered more money then anybody else...which in business is generally how it works. It only took this long to get the paperwork done because its a LOT of paperwork buying a company.

I don't see a problem with this guy buying another business. NewsCorp is a losing business entity, but he thinks he can make something of it. Thats a good thing. If not, then he loses money and prestige and I doubt you'd cry about that. So what's the big deal?

H

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Friday, December 14, 2007 4:35 PM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!

Quote:
"Government control of communications and transporation."
-Communist Manifesto, 6th Plank, written in London England, financed by "Jews" in UK and USA

YOU ARE WITNESSING THE COMMUNIST (KHAZAR "JEWISH") TAKEOVER OF USA.

http://en.wikipedia.org/wiki/Wendi_Deng
Hanoi Hannity: "I voted for the Sino-American Alliance."
"US ports owned by Commie China is good for me."
"Dead and disabled US soldiers are good for me."
"Outsourcing your job is very good for me."
"Sir Rupert dines with Hillary every week."
"Ron Paul does not exist in my 'Verse."

"As far as Chinese goes, I resented it."
-Adam Tudyk, The Making of Firefly

FOX, MYSPACE & FIREFLY OWNED BY COMMUNIST CHINA!
www.piratenews.org/pntv-schedule.html

Does that seem right to you?
Firefly Music Video: Tangerine dream - Confrontation, Thief soundtrack
www.megavideo.com/?v=JVT35GR8
www.scifi.com/onair/

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Friday, December 14, 2007 6:12 PM

BADKARMA00

Sounds like someone's jealous to me.

Bad_karma

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Friday, December 14, 2007 6:21 PM

AURAPTOR

America loves a winner!

Quote:
Originally posted by SergeantX:
Quote:
Originally posted by AURaptor:
That's a cute pic of Allyson.

Is there any other kind?

SergeantX

Cute, really cute and Dayum cute ???

That's all I got.

"Hillary tried to get a million dollars for the Woodstock museum. I understand it was a major cultural and pharmaceutical event. I couldn't attend. I was tied up at the time." - John McCain

It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager

" They don't like it when you shoot at 'em. I worked that out myself. "

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Friday, December 14, 2007 11:00 PM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!

Communist China now owns Dow Jones and Wall Street Journal, with stock market profits made by exporting US factories to Commie China. GM and Ford declared this month they are ready to close all their factories in USA. Pentagon contractor GM/NBC is already investing $5-billion in Commie China.

Dissent to outsourcing shall not be tolerated now that Commie China owns and edits the "news" in USA.

In the lighter side of the news, Commie China was busted for faking its first Moon photos from its "lunar orbiter". Looks we're outsourcing Apolloscam too.
http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2007/12/03/wchina
103.xml

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Friday, December 14, 2007 11:06 PM

6IXSTRINGJACK

And yet PN..... the proles still won't accept the truth.

Not when they can just turn on the boob tube and watch Pimp my Sister or Fisting With the Stars while they eat their microwave Banquet dinners and get a massage from their heated chair pads.

"A government is a body of people, usually notably ungoverned." http://www.myspace.com/6ixstringjack

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Friday, December 14, 2007 11:52 PM

OLDENGLANDDRY

Quote:
Originally posted by piratenews:

YOU ARE WITNESSING THE COMMUNIST (KHAZAR "JEWISH") TAKEOVER OF USA.

He-he-he
Shut up and bend over to recieve the love of Molech, Gringo Gentile.

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Sunday, December 16, 2007 4:35 AM

KIRKULES

It will be interesting to see if Murdoch can make money on this deal. He paid more than twice what Dow Jones is worth just to get the The Wall Street Journal name. The Journal could use a little help as they've been getting their asses kicked by IBD for years now.

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Sunday, December 16, 2007 8:35 AM

FREMDFIRMA

"Shut up and bend over to recieve the love of Molech, Gringo Gentile."

BWAHAHAHAaa..

That'd make a GREAT T-shirt, especially with one of the many Cheney "angryface" headshots as background, wouldn't it ?

-F

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Sunday, December 16, 2007 8:54 AM

OLDENGLANDDRY

There's one in the post to PN right now.

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