CNBC: NewsCorp makes bid for Dow Jones

According to CNBC, NewsCorp the owner of Fox News and MySpace.com has made an unsolicited bid for Dow Jones Publishing Company, owner of the Wall Street Journal (WSJ). This very unusual move does make sense due to the fact that Fox News is coming out with a business channel on t.v. later this year. Although the WSJ is quite conservative and pro-business now I can only imagine what it will be like under the ownership and control of Fox and Mr. Murdoch. Of course my biggest concern is that fact that Liberty Media who owned a nice size stake in the company sold out to NewsCorp in exchange for DirecTv. This was a HUGE mistake and we now see why. Mergers are happening more and more. Here are a few ideas for mergers I have (I have no idea whether any of these companies are talking or not but just my personal point of view as to who should be together): Viacom and PlanetOut.com - Viacom thru their MTV networks runs a gay and lesbian channel so it would make sense that they increase their viewership by buying the biggest online gay/lesbian web site; The most obvious merger would be ATT and Yahoo - already running their joint broadband services and for so long the name has just sounded right; After buying Yahoo, ATT should then look at Echostar - need additional distribution channels for services and already partnered it only makes sense; Google and Ebay - Ebay has suffered over the years although recently may be on a small comeback, however Google's only somewhat failure is Froogle, so by adding a auction/shopping site it would have total domination. Although completely unlikely due to the owners of Ebay owning too much of Ebay and gov't regulation, it was still worth mentioning; Finally a couple of food companies, first in my home town we have a Starbucks and Krispy Kreme (KKD) side by side to each other. Starbucks is huge and big enough to buy them with spare change. Although KKD has made some comeback the past year their stock is still half what it once was, coffee and donuts anyone? and the my favorite is Campbell Soup and McCormick spices - Campbell's has a small spice subsidiary but you would never know it and McMomick needs a broader range of products, it only makes sense to me.
Full disclosure: I own stock in all these companies except Echostar Dow Jones;(and just a tiny amount of stock in McCormick and Viacom).