Dow Jones Is Said to Agree to a Deal to Buy MarketWatch
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Dow Jones is set to announce that it will pay about $486 million for the parent company of CBS MarketWatch, a business news site.
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Advisers to Rupert Murdoch&#39;s News  Corp. (NWSa.N) and Dow Jones & Co. Inc.  could reach a  pact on editorial independence as early as Monday, a source  familiar with the situation said, heightening expectations a  takeover deal could soon be reached.
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Rupert Murdoch's News Corp. has reached a tentative deal to buy Dow Jones & Co. Inc. for $5 billion, though its controlling Bancroft family remained divided on the deal, the Wall Street Journal reported.
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Rupert Murdoch's News Corp. and advisers for Dow Jones and its controlling Bancroft family were close last night to agreeing on terms designed to ensure The Wall Street Journal's editorial independence if the company accepts a takeover bid from Murdoch, according to several people briefed on the talks.
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Dow Jones & Co Inc.&#39;s board of  directors said on Thursday that the company plans to consider  alternatives for the company, including a $5 billion bid by  Rupert Murdoch&#39;s News Corp. to buy it.
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Dow Jones & Co. DJ.N, publisher of the  Wall Street Journal, said it is to buy online news site  operator MarketWatch Inc. MKTW.OQ to grow the revenues it  derives from the Internet.
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Dow Jones &amp; Company, the publisher of The Wall Street Journal, agreed yesterday to buy MarketWatch, the parent company of the financial news Web site CBS MarketWatch, for about $486 million, executives close to the negotiations said.
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Dow Jones has signed a definitive agreement to acquire MarketWatch, a provider of online business news, financial information and analytical tools, in an all-cash transaction valued at approximately $519 million.
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Dow Jones &amp; Company, publisher of the Wall Street Journal, yesterday agreed to pay $519m (Â£281m) for CBS MarketWatch, underscoring its belief in online advertising.
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Dow Jones & Company board members met with Ronald W. Burkle and Brad Greenspan, who are interested in buying a piece of the company.
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Dow Jones &amp; Co.&#39;s intention to pay $519 million in cash for business news publisher MarketWatch Inc. represents another step toward building its online news operation.
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Dow Jones & Co.'s board and Rupert Murdoch's News Corp. have completed talks on a $5 billion buyout of Dow Jones and are expected to announce a deal next week, London's The Business weekly magazine reported on Friday.
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News Corp. and Dow Jones & Co. Inc. have "basically agreed" to a structure to protect the editorial independence of the company's news operations, including the Wall Street Journal and the Dow Jones Newswires, a source familiar with the matter said on Tuesday.
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Dow Jones & Co. Inc. Chief Executive Richard Zannino tentatively agreed on Monday to a $5 billion takeover bid by News Corp., though the company's controlling Bancroft family remains divided on the deal, the Wall Street Journal reported.
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Dow Jones & Co Inc.'s  board of directors said on Thursday that the company plans to consider alternatives for the company, including a $5 billion bid by Rupert Murdoch's News Corp.  to buy it.
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MarketWatch, which owns the financial news site CBS MarketWatch.com Web site, has agreed to be bought by Dow Jones &amp; Co. for $520 million, MarketWatch announced Sunday.
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Dow Jones & Co. Inc.  and  Rupert Murdoch&#39;s News Corp. (NWSa.N) are close to a pact that  would protect the journalistic independence of The Wall Street  Journal if News Corp. acquired the media company, according to  newspaper reports on Sunday.