EchoStar Communications is part of an investor group, led by MySpace cofounder Brad Greenspan, which is looking to buy part of Dow Jones, The Wall Street Journal reported Monday. Greenspan brought together of group of investors that are looking to purchase part of Dow Jones at $60 per share and to invest another $250 million, offering an alternative to Rupert Murdoch’s $5 billion offer for the financial-news company.
Monday, July 9, 2007
EchoStar, MySpace Cofounder Eye Dow Jones
EchoStar Communications is part of an investor group, led by MySpace cofounder Brad Greenspan, which is looking to buy part of Dow Jones, The Wall Street Journal reported Monday. Greenspan brought together of group of investors that are looking to purchase part of Dow Jones at $60 per share and to invest another $250 million, offering an alternative to Rupert Murdoch’s $5 billion offer for the financial-news company.
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