Rupert Murdoch has won his bid to take over The Wall Street Journal. On Tuesday, the board of directors of Dow Jones & Co. approved a $5 billion deal to bring The Wall Street Journal into Murdoch’s News Corp. media conglomerate. Murdoch’s holdings include the Fox network, Fox News channel, the 21st Century Fox movie studio, MySpace.com, The Times of London, the New York Post, the “American Idol” franchise, HarperCollins, TV Guide, The Weekly Standard, National Geographic television, and several satellite networks. A reporter for The Wall Street Journal told the Los Angeles Times, “People are aghast that this could have happened. … It’s a sickening realization to know that this really great iconic newspaper is [not only] no longer going to be independent, but is also going to be controlled by a man whose values are inimical to ours.”