Dow Jones shareholders approve News Corp buyout

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Shareholders controlling 60.27 percent of Dow Jones's voting power approved the deal, priced at $60 per share.

NEW YORK (Reuters) - Dow Jones & Co Inc <DJ.N> shareholders voted to approve a $5.6 billion buyout by News Corp <NWSa.N> on Thursday, giving Rupert Murdoch control of one of the world's most influential newspapers, the Wall Street Journal.

Shareholders controlling 60.27 percent of Dow Jones's voting power approved the deal, priced at $60 per share.

The move helps Murdoch clear the final hurdle in cementing his position as gatekeeper of media outlets spanning from his hometown in Australia to London to New York.

Ahead of the deal's closing, Murdoch restructured his global operations, installing his son, BSkyB <BSY.L> Chief Executive James Murdoch, as chairman and CEO of News Corp's European and Asian operations.

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News Corp veteran Les Hinton will become Dow Jones's new CEO.

Murdoch loyalist Robert Thomson, editor of the Times of London newspaper, was also appointed publisher of the Wall Street Journal.

The 76-year-old Murdoch plans to use Dow Jones as a linchpin in a global business news media and data empire.

Versions of News Corp's cable business news television channel Fox Business Network is also expected to be launched in other regions in the coming years.

(Reporting by Kenneth Li, editing by Gerald E. McCormick and Andre Grenon)