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http://www.newshounds.us The weekend buzz on Wall Street has been the news that Pearson, publisher of the Financial Times, and General Electric, parent company of CNBC, are exploring a deal to acquire Dow Jones. News Corporation's Rupert Murdoch has been an ardent suitor for Dow Jones and the Bancroft family, owners of DJ, have been sending signals that they'd like to be rescued from Murdoch's unwanted advances. The Pearson-GE deal has been labeled a "long shot" by M&A watchers. Comment at www.newshounds.us |
Thursday, August 9, 2007
Pearson, GE Mull Possible Dow Jones Acquisition
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