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 NEW YORK (AP) - Dow Jones & Co. and News Corp. agreed broadly on measures to protect the editorial independence of The Wall Street Journal under ownership by Rupert Murdoch's media conglomerate, clearing away a major hurdle in the way of a deal, a person familiar with the matter said Tuesday.
Details of the agreement remained unclear, and any deal must still be approved by the full membership of Dow Jones' controlling shareholders, the Bancroft family, who initially rejected Murdoch's approach.
The family has since softened its opposition, but there appeared to be disagreements among the family's far-flung membership, which includes about three dozen adults in various parts of the country.
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