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Subpoenas Issued in WSJ Trading Probe

Posted May 7, 2007 10:12 AM CDT
By Debra Cassens Weiss

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The Wall Street Journal has been subpoenaed in an investigation into suspicious trading in its stock in advance of a $5 billion buyout offer.

The company that made the offer, News Corp., also received a subpoena in the investigation by the New York attorney general's office and the Securities and Exchange Commission, according to the Wall Street Journal (sub. req.)

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