NEW YORK, May 1 (UPI) -- U.S. media conglomerate News Corp. made an unsolicited offer to buy Dow Jones & Co. for $60 a share or $5 billion
Ugg rotterdam, the publishing company said Tuesday.
The Dow Jones board and the Bancroft family
Ugg boots, which controls 64.2 percent of the voting stock
ugg schweiz online, are "evaluating the proposal," the company said in a statement.
"There can be no assurance that this evaluation will lead to any transaction
www.uggsprijzen.com," the statement said.
The Bancroft family said late Tuesday it had enough voting power to block News Corp.'s takeover offer
Ugg schuhe, The Wall Street Journal reported.
News Corp. Chairman Rupert Murdoch called the bid "a big, generous offer." News Corp. added it considered the bid "friendly." The $60-a-share offer is roughly 67 percent above Dow Jones's $36.33 closing price Monday.
Dow Jones shares closed up 59.52 percent
www.uggstiefeloutlet.org, or $20.97, at $56.20 on the New York Stock Exchange. News Corp shares closed down 4.21 percent
ugg boots stiefel, or $1.01, at $22.99.
Besides the Journal
www.uggschuhebillig.com, Dow Jones many properties include Barron's and the MarketWatch Web site.
The company had $1.78 billion in revenue last year.
News Corp. owns the New York Post, Fox News Channel, Fox TV network, several entertainment cable channels and the 20th Century Fox film studio.
It also owns Britain's BSkyB satellite service and the MySpace Web business
ugg in nederland, as well as newspaper and broadcast properties in Britain and Australia.Related articles：
