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Wall Street Journal sale is final
This afternoon the majority of Dow Jones & Co. shareholders approved selling the company to News Corp. for $5.6 billion.
The general council of Dow Jones said shareholders holding 60.27 percent of the company’s stock had been approved for the sale, according to reports from The Wall Street Journal.
The sale ends the Bancroft family ownership of Dow Jones, which dates back to more than a century.
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