<P> In a 2004 study, Tim Groseclose and Jeff Milyo argue the Journal's news pages have a pro-liberal bias because they more often quote liberal think tanks . They calculated the ideological attitude of news reports in 20 media outlets by counting the frequency they cited particular think tanks and comparing that to the frequency that legislators cited the same think tanks . They found that the news reporting of The Journal was the most liberal (more liberal than NPR or The New York Times). The study did not factor in editorials . Mark Liberman criticized the model used to calculate bias in the study and argued that the model unequally affected liberals and conservatives and that "...the model starts with a very peculiar assumption about the relationship between political opinion and the choice of authorities to cite ." (The authors assume that) "think tank ideology (...) only matters to liberals ." </P> <P> The company's planned and eventual acquisition by News Corp in 2007 led to significant media criticism and discussion about whether the news pages would exhibit a rightward slant under Rupert Murdoch . An August 1 editorial responded to the questions by asserting that Murdoch intended to "maintain the values and integrity of the Journal ." </P> <P> The Journal has won more than 30 Pulitzer Prizes in its history . Staff journalists who led some of the newspaper's best - known coverage teams have later published books that summarized and extended their reporting . </P> <P> In 1987, a bidding war ensued between several financial firms for tobacco and food giant RJR Nabisco . Bryan Burrough and John Helyar documented the events in more than two dozen Journal articles . Burrough and Helyar later used these articles as the basis of a bestselling book, Barbarians at the Gate: The Fall of RJR Nabisco, which was turned into a film for HBO . </P>

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