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Dow Jones family reaches crossroad

Heirs could decide fate of media company by end of week

Christopher Bancroft (left) and Katherine Kavadas leave a Boston hotel where members of the Bancroft family discussed Rupert Murdoch's $5 billion bid for Wall Street Journal publisher Dow Jones & Co. yesterday.
Christopher Bancroft (left) and Katherine Kavadas leave a Boston hotel where members of the Bancroft family discussed Rupert Murdoch's $5 billion bid for Wall Street Journal publisher Dow Jones & Co. yesterday. (Globe Staff Photo / David Kamerman) Globe Staff Photo / David Kamerman
By Sacha Pfeiffer and Robert Weisman
Globe Staff / July 24, 2007

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Members of the far-flung Bancroft family converged in downtown Boston yesterday for a seven-hour meeting to discuss the fate of Dow Jones & Co., the media conglomerate they have controlled for more than a century, and one key family member said he expects a decision to be reached by the end of the week about Rupert Murdoch's $5 billion bid ... (Full article: 772 words)

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