Wednesday, March 14, 2012

Dow Jones Director Resigns Over Deal

NEW YORK - German publishing executive Dieter von Holtzbrinck has resigned as a director of Dow Jones & Co. to protest the board's endorsement of a deal to sell the company, which publishes The Wall Street Journal, to Rupert Murdoch's News Corp.

In a letter included with a securities filing made by Dow Jones on Thursday, von Holtzbrinck said he was "very worried" that Dow Jones' "unique journalistic values will long-term strongly suffer after the proposed sale."

Dow Jones' board endorsed …

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