Jim Cramer's Stop Trading! Dow Jones Deal

Dow Jones (DJ) will be sold this time around, Jim Cramer said Tuesday on CNBC's "Stop Trading!" segment.

Cramer said a deal will happen, regardless of whether the buyer is Rupert Murdoch's News Corp. (NWS) or someone else, because the "two obstructionists" who had previously blocked a Dow Jones buyout have now retired.

Cramer named the anti-deal faction as former board member Roy Hammer, who retired in 2005, and ex-CEO Peter Kann, whose run as chairman ended last month. Cramer said their departure leaves a board and management that isn't openly opposed to a sale. That's a switch since 1996, when Murdoch tried to buy Dow Jones for $73 a share but was turned back, Cramer said.

Cramer said Dow Jones probably would prefer a sale to Washington Post (WPO) and might get bids from rivals such as New York Times (NYT), Gannett (GCI) or closely held Bloomberg. He even said Microsoft (MSFT) could be a buyer.

Cramer said price doesn't appear to be an issue, with Murdoch's bid at $60 a share and the stock up 57% at $57. But he noted that Murdoch "has always loved" The Wall Street Journal and "has a lot more firepower" if a higher price is necessary.

Cramer said the Dow Jones Industrial Average is up Tuesday because industrial names like Honeywell (HON) are getting "revalued" off strong earnings as big institutions try to complete big positions. Cramer said he didn't like the "excuses" he heard out of P&G (PG), though.

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