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To: coydog

sure.


10 posted on 07/14/2011 2:23:33 AM PDT by personalaccts (Is George W going to protect the border?)
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To: personalaccts
I remember the sale, they got a look at a 40 million dollar legal bill either selling or not and they sold it to pay the legal bill.

The cost of outside advisers–including some of the biggest names in law–may have persuaded reluctant members of the Bancroft family to approve the sale of Dow Jones and the Wall Street Journal to Rupert Murdoch, CNBC is reporting.

Fees to legal and financial advisers could amount to at least $30 million, the Wall Street Journal (sub. req.) reports. Law firms providing counsel include Boston-based Hemenway & Barnes and Wachtell, Lipton, Rosen & Katz.

11 posted on 07/14/2011 3:57:56 AM PDT by scooby321
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