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William C. Cox Jr. dies at 82; helped seal Dow Jones sale to Murdoch

William C. Cox Jr., the patriarch of the Bancroft clan that controlled Dow Jones & Co. for 105 years and sold it to Rupert Murdoch's News Corp. in a decision sparking a family feud, died Wednesday at his home in Hobe Sound, Fla., according to his daughter, Ann Bartram. He was 82. The cause was complications from diabetes. Cox was at the center of a protracted family dispute that ultimately led to the sale of New York-based Dow Jones, owner of the Wall Street Journal, to News Corp. in 2007. A former executive and board member with Dow Jones, Cox eventually supported Murdoch's $5.2-billion takeover bid after initially rejecting it. He, along with his wife and children,...

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