The Wall Street Journal is shown on sale

New York, UNITED STATES: The Wall Street Journal is shown on sale at Hudson News, 01 May 2007, in Grand Central Terminal in New York. Rupert Murdoch's media group News Corp. launched a takeover bid Tuesday for US publishing firm Dow Jones, which owns the prominent Wall Street Journal business daily, the two companies said. News Corp. said in a statement it made "a friendly offer" to acquire all of the outstanding shares of Dow Jones for 60 dollars each in cash, or in a combination of cash and News Corp. stock. Dow Jones described the action as "an unsolicited proposal" and said it would study the offer. AFP PHOTO/Stan HONDA (Photo credit should read STAN HONDA/AFP via Getty Images)