Dow Jones a Done Deal

On Monday, the paper reported that had the family members, the controlling shareholders of Dow Jones, failed to emerge with more support, News Corp. would have been "highly unlikely" to proceed with the bid, the Journal.

Also Monday, Brad Greenspan, MySpace founder sent an open letter to Dow Jones shareholders about his revised plan to buy the company.

In mid-July, Dow Jones board member Dieter von Holtzbrinck quit, and a majority of Dow Jones' directors recently voted in favor accepting News Corp.'s offer; however, seat holders and family members Christopher Bancroft and Leslie Hill abstained from voting, in a move that amounted to a "no" vote.