Dept. of Shit We Didn’t Really See Coming
Murdoch infects buys Dow Jones
Just when you start to believe that money can’t buy everything in life, least of all integrity, reality swoops in and crushes our naive collegiate and free-spoken hearts. Maybe it was a little credulous of us to think that the Bancroft family would have ripped the “Welcome” mat out from under Rupert Murdoch’s grubby little tentacles, but we were really looking forwards to seeing Dow Jones proverbially slap Murdoch across his face with their wallets.
Apparently, said wallets are running a little to low for their tastes. CNN reports that the Bancrofts have actually accepted News Corp.’s $5 billion buyout offer.
We’re not the only ones surprised, though. Most of the reports from the media on Monday were doubtful of the acquisition, and we feel misled; misled and betrayed. More on this to come, probably.
Featured Song: “Money (That’s What I Want)” by The Flying Lizards
