. ▁ ▁Dow ▁Jones ▁was ▁acquired ▁in ▁ 1 9 0 2 ▁by ▁the ▁leading ▁financial ▁journalist ▁of ▁the ▁day , ▁Clar ence ▁Bar ron . ▁ ▁In ▁ 2 0 0 7 ▁Dow ▁Jones ▁was ▁acquired ▁by ▁News ▁Cor p ., ▁a ▁leading ▁global ▁media ▁company . ▁ ▁The ▁B anc ro ft ▁family ▁and ▁he irs ▁of ▁Clar ence ▁W . ▁Bar ron ▁effectively ▁controlled ▁the ▁company ' s ▁class ▁B ▁shares , ▁each ▁with ▁a ▁voting ▁power ▁of ▁ten ▁regular ▁shares , ▁prior ▁to ▁its ▁sale ▁to ▁News ▁Cor p . ▁At ▁one ▁time , ▁they ▁controlled ▁ 6 4 % ▁of ▁Dow ▁Jones ▁voting ▁stock . ▁ ▁Currently , ▁Dow ▁Jones ▁is ▁owned ▁by ▁Ru pert ▁Mur do ch , ▁owner ▁of ▁News ▁Cor p ▁and ▁several ▁other ▁major ▁media ▁companies . ▁ ▁Bu y out ▁offer ▁ ▁On ▁May ▁ 1 , ▁ 2 0 0 7 , ▁Dow ▁Jones ▁released ▁a ▁statement ▁confirm ing ▁that ▁News ▁Corporation , ▁led ▁by ▁Ru pert ▁Mur do ch , ▁had ▁made ▁an ▁un sol ic ited ▁offer ▁of ▁$ 6 0 ▁per ▁share , ▁or ▁$ 5 ▁billion , ▁for ▁Dow ▁Jones . ▁Stock ▁was ▁briefly ▁halt ed ▁for ▁pending ▁press ▁release . ▁The ▁halt ▁last ed ▁under ▁ 1 0 ▁minutes ▁while ▁C N BC ▁was ▁receiving ▁data . ▁It ▁has ▁been ▁suggested ▁that ▁the ▁buy out ▁offer ▁is ▁related ▁to ▁Mur do ch ' s ▁new ▁cable ▁business ▁news ▁channel ▁Fox ▁Business ▁that ▁launched ▁in ▁ 2 0