Did Page Six Scandal Spike Rupe's WSJ Bid?
Oct. 27 2008, Published 7:07 a.m. ET
DEEP-SIXED Murdoch
Greedy gossipista Jared Paul Stern isn't going to get his job at the New York Post back anytime soon, but he can take some comfort in knowing that his broadside against the newspaper may have sunk its owner's grandest plans.
Bloomberg is reporting that News Corp., which owns the Post, will, in the view of analysts, most likely abandon its efforts to acquire the Wall Street Journal. Though the Bloomberg story doesn't mention Stern, the timing—just three days after the Post was forced to preempt a string of embarrassing revelations by printing them in its own marquee gossip column—is suggestive.
In fact, yesterday, the New York Times's David Carr speculated that Stern's attack could hurt Rupert Murdoch's $5 billion bid for the Journal. "If you were a member of the Bancroft family in the midst of deciding whether to sell Dow Jones & Company to Rupert Murdoch, reading Friday's New York Post might have made you choke on your bagel," Carr opined.
Considering that prior to last week, most Dow Jones employees thought it merely a matter of time before the Bancrofts succumbed to Murdoch's woo, Carr's analysis appears to be on the money.
- Tragic One Direction Singer Liam Payne Dead Aged 31 After Horror Hotel Balcony Plunge: Celeb Tributes Pour In as Images Emerge of Smashed Up Hotel Room Strewn With White Powder and 'Drugs Foil'
- Family of Menendez Brothers Beg for Convicted Killers' Freedom in Press Conference Three Decades After Brutal Murders: 'They Were Failed By Their Parents!'
- BREAKING: Jailed 'Sex Beast' Sean 'Diddy' Combs Hit With Another Wave of Horrific Lawsuits — Rapper Accused of Drugging, Raping, Sodomizing and Threatening to Murder Multiple New Victims
DAILY. BREAKING. CELEBRITY NEWS. ALL FREE.
Photo: Getty Images