Search for: "BANCROFT"
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13 Aug, 2007 4:00 pm
... Boston. Lawyers from Hemenway & Barnes sit at the center of dozens of overlapping trusts that hold power over most of the Bancrofts' 64% voting stake in the company . . .
. Those lawyers occupy two of the three trustee seats on a number of key trusts, ... held by a family member. On one of the biggest trusts, lawyers from the firm are the only trustees.
And the fact that the large Bancroft clan is divided over whether to sell further deepens the firm's influence. "The vote really resides with
...
14 Aug, 2007 8:56 am
... Rupert Murdoch] Lawyers from Hemenway & Barnes sit at the center of dozens of overlapping trusts that hold power over most of the Bancrofts' 64% voting stake in the
company (see a breakdown). Those lawyers occupy two of the three trustee seats on a ... held by a family member. On one of the biggest trusts, lawyers from the firm are the only
trustees. And the fact that the large Bancroft clan is divided over whether to sell further deepens the firm's influence. "The vote really
resides with them ...
3 May, 2007 11:55 am
... a lengthy analysis (that I highly recommend) and concludes: The answers here probably do not depend on whether the Bancroft family is a
"controlling shareholder." Note that this is not a case in which the controlling shareholder has proposed a self-interested transaction. ... proposing a squeeze-out of minority
shareholders. Thus, News Corp's proposal does not place the Bancroft family in a position of conflict vis-a-vis the minority shareholders. Nor
does an unsolicited bid, without more, trigger ...
13 Aug, 2008 6:46 pm
... These are available to you by simply contacting the police agency and requesting the report. There is usually a small fee for the report. For an accident that occurred in
Bancroft, you should request the traffic crash report at the following location: Bancroft Police
Department 120 Warrant St PO Box 91 Bancroft, MI 48414 (989) 634-5375 If your accident was investigated by the Michigan State Police, you need
to request the report directly from ...
22 Apr, 2007 11:37 pm
The authors of two acclaimed books, a biography chronicling the life of William James and an ecological history of the American South, have won the Bancroft Prize for 2007: Robert D. Richardson for William James: In the Maelstrom of American Modernism (Houghton Mifflin) and Jack Temple Kirby for
Mockingbird Song: Ecological Landscapes of the South (University of North Carolina). The Bancroft is
2 May, 2007 6:00 am
Has Rupert Murdoch made the Bancroft family an offer they can't refuse? As news of the News Corporation's $5 billion offer for Dow Jones &
Company crashed over the news industry, some observers were speculating that the Bancrofts, who hold 64.2 percent of the voting power at the company, either had to accept the
[...]
14 May, 2007 5:31 am
Some Bancroft family members want to meet Rupert Murdoch to discuss his $5 billion offer for Dow Jones but they face stiff opposition from
other relatives, The Financial Times reported. Mr. Murdoch has been pressing for a meeting with the Bancroft family, which controls the
publishing company through a special class of stock, since [...]
24 May, 2007 5:41 am
A Dow Jones & Company director, Christopher Bancroft, an influential member of the family that controls the publishing company, said in an
interview that he opposes a sale to Rupert Murdoch's News Corporation. His comments to The Wall Street Journal, which is owned by Dow Jones, came after some members of the
Bancroft family [...]
18 Mar, 2008 12:51 am
This year's Bancroft Award goes to three books: Allan M. Brandt for The Cigarette Century: The Rise, Fall, and Deadly Persistence of the
Product that Defined America (New York: Basic Books), Charles Postel for The Populist Vision (New York: Oxford University Press), and Peter Silver for Our Savage Neighbors: How Indian
War Transformed Early America (New York: W. W. Norton & Company). The Bancroft
22 Jul 5:59 pm
TORRINGTON, CT TEA PARTY JIMBOGRE THE OGRE SAYS... STOP TAXING MY SWAMP! Bookmark or Share
1 May, 2007 1:30 pm
Time for round two in News Corporation's quest to win Dow Jones & Company. As Rupert Murdoch, News Corp.'s chief executive, defended his proposal on his company's Fox News Channel,
Dow Jones said that most of the members of the Bancroft family, which hold a majority of shares in the company, will vote against the offer.
[...]
3 May, 2007 5:28 am
And now for the charm offensive. That is the course Rupert Murdoch is expected to pursue after the board of Dow Jones & Company, which publishes The Wall Street Journal, said late
Wednesday that it would "take no action" on his $5 billion bid for the company because the Bancroft family, its controlling shareholder,
opposed [...]
9 May, 2007 4:58 am
Who does Rupert Murdoch need to win over in his $5 billion bid to acquire Dow Jones? To answer that question, The New York Observer drew up a family tree of the Bancrofts, who
control the publishing company through a special class of stock. Family members include a champion power-boat racer, a retired American [...]
15 May, 2007 8:41 am
Given his repeated entreaties to the Bancroft family and his recent promises to shield The Wall Street Journal's newsroom from his own meddling
as owner, News Corporation chief Rupert Murdoch seems almost desperate to buy Dow Jones. He has written three letters to pitch his proposal and offered to hold tetes-a-tetes with the
family members, [...]
31 May, 2007 5:46 pm
Is this the beginning of the end of an independent Dow Jones & Company? The Bancroft family, which controls the owner of The Wall Street
Journal, agreed late Thursday to meet with the News Corporation to discuss its $5 billion bid. "After a detailed review of the business of Dow Jones, and the evolving competitive
environment in [...]
31 May, 2007 10:32 pm
When they first heard of Newscorp's bid for Dow Jones, the Bancroft family was mostly icy. Now they are meeting with Rupert Murdoch, and the
tone has changed. Here is Michael B. Elefante, a Dow Jones director and representative of the family: After a detailed review of the business of Dow Jones and the evolving competitive
environment in which it operates, the family has reached consensus that the mission of Dow Jones may be better accomplished in combination or collaboration with another ...
1 Jun, 2007 7:40 am
Dow Jones & Company's stock is off and running. News that the Bancroft family, the company's founding clan and its largest shareholder,
agreed Thursday night to meet with Rupert Murdoch's News Corporation sent shares in The Wall Street Journal's publisher sky-high. In early-morning trading Friday, the company's stock
jumped 14.5 percent to $61.07, shooting past Mr. [...]
30 Jul, 2007 1:22 pm
As the Bancroft family ponders a $5 billion bid by Rupert Murdoch's News Corporation for control of Dow Jones and The Wall Street Journal, they
may wish to consider what happened to another newspaper family -- the McCartheys, who once controlled The Salt Lake Tribune. Today, the Tenth Circuit held that the McCarthey kin
couldn't enforce an oral buy-back promise. Several of the family members testified, with little or no contradiction, that the buyers agreed to let them repurchase the Tribune ...
31 Jul, 2007 9:35 am
Rupert Murdoch finally seems to have his grasp around his long-coveted prize, tentatively gaining enough support from the deeply divided Bancroft family to buy Dow Jones & Company, publisher of The Wall Street Journal, for $5 billion. Family members and trusts representing about 32 percent
of the shareholder vote indicated they would support Mr. Murdoch's [...]
1 Aug, 2007 5:07 am
Dow Jones Company announced that it has agreed to be acquired in a merger transaction by Rupert Murdoch's News Corp. for approximately $5.6 billion (see also the Bancroft family statement here). News Corp. will pay $60 in cash for each...
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