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According to the Wall Street Journal, News Corp. reached a tentative agreement for the purchase of Dow Jones & Co. at its original $5 billion offer price. The deal will be put to the full Dow Jones board Tuesday evening for its approval, said people familiar with the situation.
In addition to The Wall Street Journal and its international and online editions, Dow Jones publishes Barron’s, SmartMoney magazines and other periodicals; DowJones Newswires; Dow Jones Indexes; and the Ottaway group of community newspapers.
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