Dow Jones Denies Report Of Deal Reached With Murdoch

Dow Jones Denies Report Of Deal Reached With Murdoch

Dow Jones & Co. Inc. denied a news report Friday that Rupert Murdoch's News Corp. has agreed on terms for its US$5 billion (euro3.7 billion) bid for the company.

Linda Dunbar, a spokeswoman for Dow Jones, said the article posted on the Web site of financial magazine The Business that there was an agreement was "incorrect." She did not give details.

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