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Editor and PublisherNEW YORK The Independent Association of Publishers' Employees, Local 1096, which represents over 2000 Dow Jones professionals, quickly criticized the reported victory for Rupert Murdoch today in his bid to buy Dow Jones.
Early this afternoon, a statement emerged from IAPE President Steve Yount, declaring that the union is "disappointed with the apparent decision by key Bancroft family members to support the sale of Dow Jones & Company to News Corp.
"At the same time, no matter who owns Dow Jones going forward, IAPE members -- over two thousand strong -- will continue to band together to fight for their interests. That includes negotiating a quality collective bargaining agreement."
IAPE had previously expressed concerns about the Murdoch takeover damaging the paper's high standards and independence. Some staffers, however, have said that a News Corp. win might result in fewer layoffs, not more.
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