Introduction

The Power of Family Education
  • Amy M. Schuman
  • John L. Ward
Part of the Family Business Leadership Series book series (AFBP)

Abstract

Not long before Rupert Murdoch’s News Corp. clinched the deal to purchase Dow Jones & Co. and the Wall Street Journal from the Bancroft family in 2007, one family member, Crawford Hill, sent an anguished, nearly 4,000-word e-mail to his relatives urging them to accept Murdoch’s offer. Family members-owners were “paying the price” for their passivity, which dated back a quarter of a century, he said.

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Copyright information

© Family Business Consulting Group 2011

Authors and Affiliations

  • Amy M. Schuman
  • John L. Ward

There are no affiliations available

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