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Byline: Sarah Ellison In a major reversal, Rupert Murdoch and Lachlan Murdoch have decided that the two companies controlled by their family will no longer seek to recombine. News Corp., [...]

Byline: Sarah Ellison Rupert Murdoch finalized his divorce from his fourth wife, Jerry Hall, in August. But the two halves of his business empire are exploring a union. News Corp., [...]

Byline: Sarah Ellison The board of Lee Enterprises said it has unanimously rejected hedge fund Alden Global Capital's unsolicited offer to purchase the company, saying the proposal 'grossly undervalues Lee [...]

Byline: Sarah Ellison and Elahe Izadi The board of Lee Enterprises said it has unanimously rejected hedge fund Alden Global Capital's unsolicited offer to purchase the company, saying the proposal [...]

Byline: Elahe Izadi and Sarah Ellison A hedge fund with a reputation for laying off journalists, selling buildings and slashing newsroom budgets has proposed buying Lee Enterprises, one of the [...]

Byline: Elahe Izadi and Sarah Ellison Shareholders of Tribune Publishing Company and its storied newspapers, including the Baltimore Sun, the New York Daily News and the Chicago Tribune, voted Friday [...]

Byline: Elahe Izadi and Sarah Ellison Shareholders of Tribune Publishing Company and its storied newspapers, including the Baltimore Sun, the New York Daily News and the Chicago Tribune, voted Friday [...]

Byline: Elahe Izadi and Sarah Ellison Shareholders of Tribune Publishing Company and its storied newspapers, including the Baltimore Sun, the New York Daily News and the Chicago Tribune, voted Friday [...]

Byline: Elahe Izadi and Sarah Ellison Shareholders of Tribune Publishing Company and its storied newspapers, including the Baltimore Sun, the New York Daily News and the Chicago Tribune, voted Friday [...]

Byline: Sarah Ellison The fate of Tribune Publishing appeared nearly sealed this week after the company said it has stopped negotiating with a Maryland multimillionaire who sought to buy the [...]

Byline: Elahe Izadi and Sarah Ellison A Wyoming-based Swiss billionaire who formed half of the consortium making a bid to buy Tribune Publishing Co. has backed out of the deal, [...]

Byline: Elahe Izadi and Sarah Ellison Last year, as a group of Baltimore Sun reporters embarked on long-shot endeavor to find a new owner that could save their paper from [...]

Byline: Elahe Izadi and Sarah Ellison Maryland business executive Stewart Bainum Jr. wants to purchase Tribune Publishing Co. for $650 million - 10 times the amount he agreed last month [...]

Byline: Sarah Ellison and Elahe Izadi One month after a Maryland billionaire struck a tentative deal to return the Baltimore Sun to local ownership, the plan may be in jeopardy [...]

Byline: Sarah Ellison and Jonathan O'Connell In the spring of 2019, the National Enquirer appeared once again to be riding out another storm in its long, tumultuous history. The gossip [...]

Byline: Sarah Ellison American Media Inc. is selling the National Enquirer for $100 million to James Cohen, CEO of Hudson News, ending an association between a longtime friend of President [...]

Byline: Sarah Ellison Ending an association between a longtime friend of President Donald Trump and the tabloid that favored him during the 2016 election, American Media Inc. is selling the [...]

Byline: Sarah Ellison and Marc Fisher American Media Inc. is trying to sell the National Enquirer, its most famous publication. The question remains: Who wants to buy it, and what, [...]

Byline: Sarah Ellison Mar 21, 2019 (The Sydney Morning Herald - ABIX via COMTEX) -- Lachlan Murdoch has assumed the role of Fox Corporation CEO following the finalisation of the [...]

Byline: Sarah Ellison It all started with a few glasses of wine and two media titans talking about how hard life is. Rupert Murdoch, the 87-year-old founder and co-executive chairman [...]

Byline: ATTHEW KARNITSCHNIG AND SARAH ELLISON BOSTON -- Members of the Bancroft family gathered at a hotel here yesterday to consider whether to end their more than century-long stewardship of [...]

A tentative deal has been reached for The News Corporation Ltd. to purchase Dow Jones and Company Inc. for the original $5 bil bid made back in mid-April. However, the Bancroft family, which owns 64% of Dow Jones, has yet to approve the deal.

Byline: SARAH ELLISON As negotiations with News Corp. continue, Dow Jones & Co. is making one last push to find other possible buyers for itself, according to people familiar with [...]

Byline: SARAH ELLISON NEW YORK -- Dow Jones & Co.'s board, frustrated with the pace of the Bancroft family's negotiations with News Corp., said it would take over talks on [...]

The United States Securities and Exchange Commission has filed a lawsuit against husband-and-wife investors Kan King Wong and Charlotte Ka On Wong Leung on insider trading charges related to the announced sale of Dow Jones and Company Inc. to The News Corporation Ltd. The couple had purchased $15 mil of Dow Jones stock two weeks prior to the announcement, and sold it three days after the announcement for $8.2 mil in profit. The couple has business and social connections to Dow Jones director David Li; the SEC is expected to investigate.

Rupert Murdoch and News Corp. have made a $5 bil bid for newspaper publisher Dow Jones and Company Inc., at $60 a share in cash or a mix of cash and stock. Indications as to whether the Bancroft family, who holds the majority voting power for Down Jones, would accept or reject the offer.

Developer Sam Zell's proposal to privatize the Tribune Co. was accepted. The takeover will involve a two-stage transaction centered around the introduction of an employee stock ownership plan.

The ability of employees of Procter and Gamble and Gillette to work together will be crucial for the success of P&G's acquisition, but difficulties may lie ahead as each company has a very strong and idiosyncratic corporate culture.

Not only do goods sold through Wal-Mart stores make up a large proportion of Procter and Gamble's sales, but the company is learning marketing lessons from the discounter that it hopes to also use after its acquisition of Gillette.

Real estate mogul Sam Zell has experience with unique management techniques, and so criticism of his plan to buy and transform Tribune Co. does not deter him.

Ronald Burkle and Eli Broad have joined to launch a preliminary bid for Tribune Co., although they are primarily interested in its Los Angeles Times.

Jack Welch, Jack Connors and Joseph O'Donnell are considering purchasing the Boston Globe from the New York Times Co. even though it isn't for sale, but their stature in the business community might hold weight.