Deep Jive Interests

After the news earlier in the week of the sale of the WSJ, it turns out there’s actually quite a bit of drama behind the sale. Family in-fighting, the question of impartiality in the advice given to the Bancroft family, the Bancroft’s mis-step in publishing that their intent to possibly sell, and Rupert Murdoch’s wiley move to offer a price of a 60% premium in addition to paying the Bancroft’s legal fees were all part of the equation.  A very interesting read, indeed.