You may have seen this quote from Crawford Hill, a member of the Bancroft family currently struggling with the decision whether to sell Dow Jones & Co. to Rupert Murdoch. Hill’s lengthy letter, containing this memorable phrase, was sent to his many relatives and printed on the Wall Street Journal website, www.wsj.com, on July 27. […]
The Bancrofts, Dow Jones, and the Wall Street Journal
Lots of newspapers, and other media, have covered the bid of Rupert Murdoch’s News Corporation to buy Dow Jones & Company, including the Wall Street Journal. Today’s article in the New York Times, “A Family Meets Today to Hear the Complexities of a Bid for Dow Jones”, highlights the difficulty of the business decision faced […]
Junior and his big sister, Kelley Earnhardt Elledge
Dale Earnhardt, Jr. was engaged in lengthy negotiations with Dale Earnhardt Inc. (DEI), the company founded by his father and run by his stepmother, before he struck out on his own and invited other Nascar teams to court him. Junior’s chief negotiator is his big sister, Kelley Earnhardt Elledge, who is vice president and general […]
Dale Earnhardt, Jr. and Dale Earnhardt, Inc.
Yesterday we heard that Dale Earnhardt, Jr. (known as Junior) was leaving the company founded by his father, where his stepmother, Teresa, is now CEO. As the New Haven Register phrased it: “Junior leaving family business.” According to the Associated Press, Junior had asked for 51 percent ownership of the team now run by Teresa […]
