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==History== The company was founded in 1882 by three reporters: [[Charles Dow]], [[Edward Jones (statistician)|Edward Jones]], and [[Charles Bergstresser]]. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public – this is one of the reasons why Dow Jones & Company is well known for their publications and transferring of important and sometimes difficult to understand financial information to people across the globe. Nevertheless, the three reporters were joined in control of the organization by [[Thomas F. Woodlock]].<ref>{{cite news| url=https://www.newspapers.com/clip/33335280/the_wall_street_journal/| title=Notice| newspaper=The Wall Street Journal| location=New York| date=January 9, 1899| page=1| via=Newspapers.com}} {{open access}}</ref> Dow Jones was acquired in 1902 by [[Clarence Barron]], the leading financial journalist of the day, after the death of co-founder Charles Dow.<ref name="Dow Jones History"/> Upon Barron's death in 1928, control of the company passed to his stepdaughters Jane and Martha Bancroft. The company was led by the [[Bancroft family]], which effectively controlled 64% of all voting stock, until 2007 when an extended takeover battle saw [[News Corporation]] acquire the business. The company then became a subsidiary of News Corporation.<ref>{{cite news| url=https://www.nytimes.com/2007/12/13/business/media/13cnd-dow.html | work=The New York Times | title=Shareholders Back Dow Jones Sale | first=Richard | last=Pérez-Peña | date=December 13, 2007}}</ref> It was reported on August 1, 2007, that the bid had been successful after an extended period of uncertainty about shareholder agreement, with the transaction finalized on December 13, 2007.<ref>{{Cite web|title=News Corp. – Dow Jones finally a done deal |date= August 1, 2007|url=https://money.cnn.com/2007/07/31/news/companies/dowjones_newscorp/|access-date=2021-11-02|website=money.cnn.com}}</ref><ref>{{cite news |date=1 August 2007 |title=Murdoch wins fight for Dow Jones |url=http://news.bbc.co.uk/1/hi/business/6923474.stm |access-date=March 15, 2025 |work=BBC News}}</ref><ref>{{Cite news|last=Jordan|first=Dearbail|title=News Corp wins $5.6bn battle for Dow Jones|newspaper=[[The Times]] |language=en|url=https://www.thetimes.com/business-money/companies/article/news-corp-wins-dollar56bn-battle-for-dow-jones-29wmm5bhmzg|access-date=2021-11-02|issn=0140-0460}}</ref> It was worth US$5 billion or $60 a share, giving [[News Corp]] control of ''[[The Wall Street Journal]]'' and ending the Bancroft family's 105 years of ownership.<ref>{{cite news| url=https://www.bloomberg.com/apps/news?pid=20601087&sid=aokdSQYhMOgo&refer=home | work=Bloomberg | title=Murdoch's News Corp. Will Buy Dow Jones, People Say (Update2) | date=July 31, 2007}}</ref> The company was best known for the publication of the [[Dow Jones Industrial Average]] and related market statistics, Dow Jones Newswire, and a number of financial publications. In 2010 the [[Dow Jones Indexes]] subsidiary was sold to the [[CME Group]] and the company focused on financial news publications, including its flagship publication ''The Wall Street Journal'' and providing financial news and information tools to financial companies.<ref>{{Cite news|title = CME Buys 90% of Dow Jones Indexes|url = http://online.wsj.com/articles/SB10001424052748703455804575057433840097028|newspaper=[[The Wall Street Journal]]|access-date = February 17, 2016|issn = 0099-9660|first = Dennis K. Berman And Jeffrey|last = McCracken}}</ref> In 2005, together with FTSE, Dow Jones launched the [[Industry Classification Benchmark]], a taxonomy used to segregate markets into sectors. In April 2020, Dow Jones CEO [[William Lewis (journalist)|William Lewis]] announced he would be stepping down from his position after nearly six years in the role.<ref>{{Cite news|last=Alpert|first=Lukas I.|url=https://www.wsj.com/articles/dow-jones-ceo-william-lewis-to-leave-company-11586368065|title=Dow Jones CEO William Lewis to Leave Company|date=2020-04-08|work=The Wall Street Journal|access-date=2020-04-09|language=en-US|issn=0099-9660}}</ref> On May 7, 2020 News Corp announced that [[Almar Latour]] would assume the CEO role on May 15, 2020.<ref>{{Cite news|last=Kennedy|first=Jim|url=https://www.businesswire.com/news/home/20200507006187/en/News-Corp-Announces-New-Performance-Records-Dow|title=News Corp Announces New Performance Records At Dow Jones|date=2020-05-07|work=Business Wire|access-date=2020-05-07|language=en-US}}</ref> In 2021, Dow Jones acquired [[Oil Price Information Service|OPIS]] and Base Chemicals from [[IHS Markit]] for $1.4 billion dollars.<ref>{{cite web |first1=Eva |last1=Mathews|first2= Chavi |last2=Mehta |editor= Subhranshu Sahu |title=News Corp bets big on data with $1.2 bln OPIS buy |url=https://www.reuters.com/legal/transactional/news-corp-bets-big-data-with-12-bln-opis-buy-2021-08-02/ |website=Reuters.com |publisher=Reuters |access-date=12 July 2024}}</ref><ref>{{cite web |first1=Akash |last1=Sriram|first2= Subrat |last2=Patnaik |editor= Ramakrishnan M. |title=S&P, IHS to offload units ahead of merger to meet antitrust conditions |url=https://www.reuters.com/markets/deals/factset-buy-cusip-global-nearly-2-bln-2021-12-27/ |website=Reuters.com |publisher=Reuters |access-date=12 July 2024}}</ref>
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