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Christopher Bancroft Arrived For Dow Jones Talk In "Bite Me" Cap

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Members of the far-flung Bancroft family converged in downtown Boston yesterday for a seven-hour meeting to discuss the fate of Dow Jones & Co., the media conglomerate they have controlled for more than a century, and one key family member said he expects a decision to be reached by the end of the week about Rupert Murdoch's $5 billion bid to buy the company.

Between 20 and 30 of the roughly three dozen adult members of the Bancrofts -- who collectively have a 64 percent voting stake in the parent company of the Wall Street Journal -- congregated at the Hilton hotel in the Financial District, along with several of their legal and financial advisers. Additional family members participated by telephone.

Read the whole story at Boston Globe