PHILADELPHIA (Reuters) - Dow Jones & Co. (DJ.N: Quote, Profile , Research), which has been in talks on a takeover by News Corp. (NWSa.N: Quote, Profile , Research), will meet with supermarket magnate Ron Burkle as Dow Jones explores its options, according to a report in the online edition of the Wall Street Journal.
Dow Jones is making a last push to try to find other potential buyers, in part, to appease Leslie Hill, a Dow Jones director and a member of the Bancroft family, the newspaper said. The Bancroft family controls 64 percent of the company's votes.
Burkle has been exploring a structure for Dow Jones that would incorporate an employee stock ownership plan, the report said. A committee of Dow Jones's board is expected to meet with Burkle on Monday, the report said.
Dow Jones and News Corp. continue to negotiate a potential deal, with an agreement on price possible soon, the report said.
Dow Jones and Burkle were not immediately available to comment.
