GE ends bid interest in Dow Jones
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General Electric says it and Pearson are not going to proceed with a takeover bid for US media group Dow Jones.
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UPDATED: Search engine darling Google (Quote, Chart) has slashed the price of its long-awaited public offering by about 30 percent to between $85 and $95 per share and plans to sell fewer shares.
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Dow Jones (DJ:NYSE - news - research) won the auction for MarketWatch.com (MKTW:Nasdaq - news - research), striking a definitive agreement to acquire the online financial news provider for $18 a share, or about $519 million.
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General Electric Co. and Pearson Plc said on Thursday they would not pursue a joint offer for publisher Dow Jones & Co. Inc., removing a potential challenge to a $5 billion bid by Rupert Murdoch's News Corp..
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General Electric Co. yesterday agreed to a settlement with the Securities and Exchange Commission, which accused the company of failing to provide shareholders
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German electronics giant Siemens is planning to de-list its shares from the New York Stock Exchange because of the high costs of maintaining a listing on Wall Street.
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Pearson and General Electric decided they would not bid for Dow Jones, for which Rupert Murdoch's News Corp. has offered $5 billion.
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Dow Jones & Co. Inc.  said on Tuesday that its board was prepared to recommend shareholders accept a $5 billion buyout offer from Rupert Murdoch's News Corp. , leaving the fate of the company in the hands of its controlling family.
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G.E. and Pearson have decided not to make an offer for Dow Jones, leaving Rupert Murdochâs News Corporation as the only bidder.
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The Dow Jones board of directors will take over negotiations of any sale of the company to Rupert Murdoch's News Corp., the board said yesterday, pushing aside the company's controlling family, which has done little since meeting with Murdoch more than two weeks ago.
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General Electric Co. and Microsoft Corp. discussed joining forces for a competing bid for Dow Jones & Co. in recent weeks, but the idea was abandoned, the Wall Street Journal reported on Monday.
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Google cut the price of its share offering today as the new listing fell prey to worry about a slump in demand.
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General Electric Co. will sell a majority stake in its global outsourcing business to two US-based equity firms in an all-cash deal totaling $500 million, the industrial, financial services and media conglomerate said Monday.
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The board of Dow Jones & Co Inc has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp, sending the deal to the controlling Bancroft family for final approval.
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Pearson PLC and General Electric Co. abandoned a possible bid for Dow Jones &amp; Co., increasing Rupert Murdoch's chance of succeeding with his $5 billion offer for the publisher of the Wall Street Journal.
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Dow Jones &amp; Co. on Wednesday cut its earnings forecast for the current quarter, citing weakness this month in key advertising categories at its flagship newspaper, The Wall Street Journal.
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General Electric (GE), the worldâs largest conglomerate, has divested a majority stake (60 per cent) in its back office arm - GE Capital International Services (GECIS) â-or $480 million to two private equity firms, General Atlantic Partners and Oak