Financial Times FT.com

Dow Jones investor urges group sale

By Deborah Brewster in New York

Published: May 30 2007 19:24 | Last updated: May 30 2007 19:24

The largest outside shareholder in Dow Jones has called on the Bancroft family to sell its controlling stake to Rupert Murdoch’s News Corp, saying the family had no plan in place to lift the company’s share price to the level offered by News Corp.

Brian Rogers, the chairman and chief investment officer of T. Rowe Price, told the Financial Times: “There might be other buyers more palatable to them. But who’s to say Rupert Murdoch is all that bad?

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