Bancrofts Vote Deadline Passes on Dow Jones Sale to Murdoch
The Bancroft family voting on whether to sell Dow Jones to News Corp. by Monday passed without a announced result. Murdoch warned he would walk away if family support did not rise, as public shares traded near $51.56 and Dow Jones faced a costly premium amid uncertainty over control of The Wall Street Journal.
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Dow Jones
Rupert Murdoch
Wall Street Journal
Murdoch
Bancroft
Journa
Put
Bancrofts
Andrea Grinbaum
U.S
News Corp
The
Journal
Joel Greenberg
Mergers and Acquisitions
Kaye Scholer
Boston
Michael B. Elefante
Bancroft Clan
Cleveland Clinic buys land for potential expansion near Amherst clinic
The Cleveland Clinic purchased eight acres on Cooper Foster Park Road near Lorain Family Health and Surgery Center for 1.5 million dollars on July 12. City officials have no details yet and expansion plans or timelines are not public. The land lies in Amherst, giving the hospital ownership in both Amherst and Lorain.
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Amherst
Cleveland Clinic
Lorain Family Health and Surgery Center
Cooper Foster Park Road
Lorain County Auditor's Office
David Taylor
Taylor
Michelle Bolek
Clinic
Lorain
Cedar Point parent Cedar Fair denies sale rumors
SANDUSKY Cedar Fair Entertainment Company, owner of Cedar Point and about 20 other parks, refuted claims it is in negotiations to sell. Chairman Dick Kinzel said no talks with Destiny Capital or any party are underway and noted prior Paramount Parks acquisition and current debt.
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Cedar Point
Cedar Fair Entertainment Company
Cedar Fair
Destiny Capital
Dick Kinzel
New York Post
Bear Stearns
Paramount Parks
the Post
Chicago Booth Adds PowerPoint Slides to MBA Applications
The University of Chicago will require four PowerPoint like slides in fall applications, aiming to reveal creative potential beyond tests and essays. The move seeks to attract innovative applicants while countering bureaucratic, jargon filled submissions, with rules banning hyperlinks and video.
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University of Chicago
Microsoft Corp
Chicago
Rose Martinelli
University X
America
PowerPoint
Microsoft
Martinelli
Farmers Insurance bets big on Ohio market expansion
Farmers Insurance Group plans a 40 million five year plan to recruit 600 new agents to boost its Ohio presence. The move aims to capitalize on Ohio's competitive auto and homeowners insurance market, with training centers to be opened near Cleveland and Cincinnati as competition heats up among major insurers.
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Cincinnati
Farmers Insurance Group
Ohio
Zurich Financial Services
Stan Bergstrom
Illinois
Pennsylvania
Mary Bonelli
Ohio Insurance Institute
Columbus
Bonelli
Farmers Group
Mary Jo Hudson
Ohio Department of Insurance
Independence
Cleveland
Mason
Hudson
State Farm
Bloomington
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