Bancroft family

Bancroft family

The Bancroft family are the former owners of Dow Jones & Company — publishers of "inter alia" the Wall Street Journal — which is now owned by Rupert Murdoch's News Corporation (NewsCorp).

The family

The Bancrofts are a family of publicly-reclusive Boston socialites who inherited The Wall Street Journal from Clarence W. Barron, who as a reporter built up the reputation of that newspaper. Their private pastimes are the genteel pursuits of show-horse breeding, sailing and farming. However, the family has also produced a speedboat champion and a former airline pilot.

Dow Jones-NewsCorp sale

The Bancroft family initially held out for three months against Murdoch's advances until accepting a $60-per-share offer from NewsCorp.cite news
last = Armstrong
first = Stephen
title = Meet the Bancrofts, the media clan who sold out to Murdoch
work = The Guardian: g2
pages = 2
date = 2007-08-02
]

References

ee also

*Clarence W. Barron


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