Wall Street Journal
The two sides are now discussing the creation of a fund to cover about $30 million in payments to firms advising the Bancroft family. The money would be paid only if at least one of two key holdout shareholders -- Christopher Bancroft and the Denver Bancrofts -- agree to the deal. With at least one of these shareholders in agreement,
Rupert Murdoch would have enough support from the Bancrofts to seal the deal, report
Sarah Ellison and
Matthew Karnitschnig. Late Monday, neither of the shareholders had agreed.
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New York Times: The byzantine takeover fight took several more unorthodox turns on Monday.
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Read Internet entrepreneur Greenspan's letter to DJ shareholders (WSJ)
