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How long can Murdoch’s dynasty last?

Comments   0   Date Arrow  August 2, 2007 at 7:22am   User  by garyjacobson

That’s what Fortune magazine’s Allan Sloan speculates in a piece about the real reason the Bancrofts sold Dow Jones and the Wall Street Journal to Murdoch.

“Rupert has tried to ensure family control by, among other things, having News Corp. spend $11 billion (with shareholder approval) to buy out the big stake held by John Malone’s Liberty Media,” Sloan writes.

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