European equities closed lower on Thursday following disappointing data from the U.S., where manufacturing growth slowed in January.» Read More
Financial Times owner Pearson has approached US conglomerate General Electric about a joint bid for Dow Jones, owner of the Wall Street Journal, the Sunday Times reported, citing unnamed sources close to the talks.
Pearson, the publisher of the Financial Times, is seeking partners for a possible bid for Dow Jones, which publishes the FT's main rival, the Wall Street Journal, the Journal reported on its Web site Friday.
Financial Times publisher Pearson is looking for partners to make a bid for Dow Jones, The Wall Street Journal is reporting. Don't expect News Corp. to give up easily, Cramer says.