Read more Bancroft stories on Newserhttp://www.newser.com/taggrid/1732/bancroft.htmlhttp://img1-cdn.newser.com/images/newser-black250x40.gifhttp://www.newser.com/2012 - Newseren-usNewser Feed GeneratorWed, 23 May 2012 16:12:43 CDThttp://www.newser.com/story/1893/the-class-system-at-dow-jones.htmlPeter Fearon<img src='http://img2-cdn.newser.com/getimage.aspx?mediaid=3593&width=45&height=45&crop=Y&updateddate=20110401035236' border='0' />In rejecting Rupert Murdoch's offer for Dow Jones, the Bancroft family provides a textbook example of the case for—and against—dual class shares for media companies. With their shares carrying ten times the voting power of publicly traded shares, the family has the power to spurn a suitor it... Co., publisher of The Wall Street Journal, said Tuesday, May 1, 2007 it has received an unsolicited bid from Rupert Murdoch's News Corp. to buy the company for $60 per share, or $5 billion. (AP Photo/Richard Drew, file)http://www.newser.com/story/1893/the-class-system-at-dow-jones.htmlThu, 03 May 2007 16:30:41 CDT