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Murdoch’s board approves deal to purchase WSJ.

By Faiz Shakir on July 31, 2007 at 8:50 pm

"Murdoch’s board approves deal to purchase WSJ."

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Reuters reports, “Rupert Murdoch was one step closer to fulfilling a decades-long dream of running the venerable Wall Street Journal on Tuesday after the News Corp board approved his $5 billion bid for Dow Jones & Co Inc.”

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