NWS-DJ: DJ Board Approves Sweeter Severance; 160 Senior Managers Now Covered

If Dow Jones is sold, some 160 senior managers have extra protection. Until the board approved expansion of severance packages, only 25 execs were covered in case of change of control. Under the terms in the SEC filing, according to the NYT, those managers would be able cash out unvested stock options and get a portion of 2007 bonus if they are released by the new owners. DJ spokeswoman Linda Dunbar: “It