Numerous lawsuits were filed against Mr. Abelson, Barron's and its parent company, Dow Jones, most by executives and companies who felt their stock price had suffered by unfair revelations in Mr. Abelson's column.

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On the other hand, I also gather that the Bancroft family, which is the single largest private shareholder in the Wall Street Journal and the Dow Jones company, is reluctant to see its crown jewel possession, the Wall Street Journal, fall into the hands of, well, the same guy who owns the Fox News Channel.

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The post named names: among them, executives at News Corp, The New York Times Company and Dow Jones.

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In addition to The Wall Street Journal and Barron's, the company also owns Dow Jones Newswires, WSJ.com and Marketwatch.com.

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While News Corp. continued to expand in newspapers, as recently as 2007 buying Dow Jones, the focus of the company shifted toward film and television since the 1980s purchase of the 20th Century Fox film studio and a group of TV stations that formed the basis of the Fox broadcast network.

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By contrast, Dow Jones fits the mold of a traditional news media company, having tried and failed to compete in the financial data business in the 1990s through its troubled acquisition of Telerate, which it eventually unloaded in 1998 to Bridge Information Systems.

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