Dow Jones keeps exploring takeover options
Newspaper says board members met with 2 wealthy investors interested in buying part of the company.
LONDON (CNNMoney.com) -- Supermarket magnate Ron Burkle and Internet entrepreneur Brad Greenspan met with members of the Dow Jones board Tuesday to discuss a partial purchase of the company, according to a report in the New York Times.
The two wealthy investors did not make an offer for the publisher of the Wall Street Journal but wanted to explore potential arrangements, the newspaper said.
Rupert Murdoch's News Corp. (Charts, Fortune 500) has made a $5 billion takeover for Dow Jones (Charts) but has met resistance from the Bancroft family, which owns a controlling stake of the company, over editorial independence.