Monday, May 07, 2007

Dow Jones investor opposes Murdoch

A major Dow Jones shareholder on Sunday vehemently opposed a $5bn offer from News Corp, warning that Rupert Murdoch, the media giant’s chief executive, would endanger the integrity and editorial independence of The Wall Street Journal, its flagship title. --- In a statement, James Ottaway Jr, a former Dow Jones board member, accused Mr Murdoch of using his media empire to further his personal and political agendas.

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