Dow Jones has little to gain in sale
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Regarding “GE, Pearson race to ready Dow Jones bid,” June 19:
If the Bancrofts, who control Dow Jones & Co., have any question about what Rupert Murdoch might do with the Wall Street Journal, they need look no further than Fox. With all due respect to Fox’s outstanding financial reporters and anchors, its business programs are basically political platforms with just a bit of business thrown in.
As the saying goes, you can’t put lipstick on a pig and turn it into a socialite. Dow Jones would bring a lot to Fox, most of it in name value. Fox brings Dow Jones nothing.
MICHAEL SOLOMON
Canoga Park
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