Dow Jones sets date for special shareholder meeting

By Lisa Kerner

Charlotte, N.C., Nov. 7 - Dow Jones & Co.'s shareholders will vote on the company's proposed merger with a News Corp. subsidiary at a special meeting on Dec. 13 at 10 a.m. ET in New York.

If the $60-per-share merger is completed, Dow Jones will become an indirect subsidiary of News Corp.

Dow Jones' board of directors recommends its shareholders vote in favor of the deal, according to a schedule 14 filing with the Securities and Exchange Commission.

The companies announced the deal on Aug. 1. It was previously reported that the transaction was valued at some $5.6 billion.

Dow Jones is a provider of business news and information services based in New York.

News Corp. is a New York-based vertically integrated media company.

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