Murdcoh buys Dow Jones and the Wall Street Journal

From The New York Times:

"Mr. Murdoch has shown in the past that he is willing to experiment, even knock over some sacred cows. In an interview with The Times earlier this year, Mr. Murdoch mused aloud about The Journal, saying, for instance, that he did not have time to read longer articles during the week and might like to swap out the paper’s Pursuits section on Saturdays with a glossy magazine. More recently, he told Time magazine that he was not sure about the offbeat front-page stories known internally as “A-Heds” that are a plum for reporters to write."

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