Just in: Rupert Murdoch and his fleet of News Corp. flying monkeys have made an unsolicited offer for Dow Jones, owner of the Wall Street Journal, for $60 a share. This morning, shares in Dow Jones were trading at around $36. The shares shot up to nearly $55 by 11:15 a.m., and trading has been halted. (Note nifty Yahoo finance graph!) Hold on to your hats! And pants! And mostly wallets!

News Corp. Bids For Dow Jones [CNBC]