Dow Jones, News Corp. Have 'Intense' Talks: Report

Talks were held this weekend after negotiations nearly broke down.
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Dow Jones



News Corp.

(NWS) - Get Report

representatives held "intense" talks this weekend after merger negotiations between the sides nearly fell apart, according to a published report.

The Wall Street Journal

, which is owned by Dow Jones, reported that the trouble stemmed from a proposal dealing with how to protect the newspaper's editorial independence.

News Corp. has offered $5 billion to acquire Dow Jones, but threatened this weekend to walk away from the bid, the report said. Last week, Dow's board said it would take over the talks from the Bancroft family, which controls the company.