Brian Tierney, who led the investor group that bought the Philadelphia Inquirer and the Philadelphia Daily News for $515 million, said he is interested in taking a look at Dow Jones, The Wall Street Journal reported.
Dow Jones is the parent company of The Wall Street Journal.
The public relations and advertising executive says the $60 a share bid from News Corp. is fair, considering the brand names like the Journal and Barron's, that it owns.
"We don't believe News Corporation is overpaying," Tierney told CNBC. "This is one of the greatest journalistic enterprises ever created. In addition, The Wall Street Journal, Dow Jones and Barrons are among the most powerful brands in the world. If there is a process for the sale of the business we would be inclined to participate in partnership with others."