The Economist Group, which owns Roll Call, just bought Congressional Quarterly. CQ was formerly owned by the nonprofit Poynter Institute. The Economist Group is controlled by a trust including one Rothschild. Pearson PLC (owners of the Financial Times Group), owns a 50% non-voting stake.

Rupert Murdoch's secret, sneaky plan to destroy Long Island tabloid Newsday: let a dysfunctional company buy it for more money. Cablevision purchased the paper for $650 million and Murdoch withdrew his bid this weekend. Now, everyone is a bit confused. Because Cablevision owns many odd things, but none of them have…

Mars bought the WM. Wrigley Jr. Company. You gotta imagine a business desk reporter's dream is to one day use the phrase "the chewing gum concern" within the first paragraph of a front-page item. Congrats, Andrew Ross Sorkin! Livin' the dream! That candy industry ought to ride out the depression just fine, right? Gum…