Murdoch May Cancel Deal Without Votes News Corp. 'highly unlikely' to buy Dow Jones at current level of support By Greg Atwan Posted Jul 30, 2007 1:14 PM CDT Copied Co., in Boston, Mass., Monday evening, July 23, 2007. (AP Photo/Stephan Savoia) (Associated Press) Rupert Murdoch's News Corp. may balk at a proposed $5B buyout of Wall Street Journal publisher Dow Jones unless more support emerges from the controlling Bancroft family, a spokesman said today. So far the family has promised about 28% of total Dow Jones votes to Murdoch's proposal, but News Corp. says it's not enough. Most public shares are expected to support the deal, but analysts say slightly more of the family's voting power needs to back the deal before it's a sure thing. Votecounter Michael Elefante says Bancrofts must submit statements in support of the deal by 5 PM today. Read These Next James Carville has a new 4-word political mantra. "Theo" from The Cosby Show has died at age 54. More big names lend support to Stephen Colbert. Eleven arrested following viral video of honor killing. Report an error