Straignt from the horse’s mouth, the Wall Street Journal is reporting that the deal is done, complete with their “engraved style” picture of Rupert.

As I’ve said before, I have mixed emotions. The WSJ has VERY good news coverage, but that gives credibility to the worst editorial page this side of the New York Sun.

Murdoch will destroy it, and in so doing, he’ll make the Editorial page as irrelevant as that of the Moonie Washington Times.