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BtoB

Dow Jones board meets with private investors

Published on .

New York—Dow Jones & Co. board members met Tuesday with Ronald W. Burkle and Brad Greenspan, two investors who initially approached the company separately, to discuss possible deal options, according to a report Wednesday in The New York Times.

The talks came as Rupert Murdoch’s News Corp. continues to pursue a takeover of Dow Jones, which publishes The Wall Street Journal.

Burkle and Greenspan discussed various scenarios, according to the Times, including buying out some members of the Bancroft family, which owns a controlling interest in Dow Jones, or creating an employee stock ownership plan.

The two investors did not make a specific offer and are not interested in buying the company outright, the Times reported.

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