Dow Jones’ Board Tells Bancrofts to Shut Their Trap

Ugh, that Dow Jones thing is still going on? This thing is lasting longer than that “men wearing mandals” scare back in ‘02. So here’s what you need to know so you can resume being utterly disinterested: The Dow Jones board of directors has taken over negotiation talks with Rupert Murdoch and those other suiters, instead of letting the Bancroft family manage everything. And also, MySpace founder Brad Greenspan says he wants Dow Jones and will match News Corp.’s $60 per share offer.

How Brad is gonna do that – he only made $580 million off the sale of MySpace parent Intermix to Rupert, and, you know, attorney and banking fees aren’t what they used to be – sounds very ambitious (slash unlikely) … but you can read the fine print on his blog!