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Dow Jones sale
DOW JONES is in discussions with potential buyers about the sale of its stock market index business, which includes the Dow Jones Industrial Average, according to the Wall Street Journal (WSJ).
The WSJ, which is owned by Dow Jones, itself a division of Rupert Murdoch's News Corp, said that Goldman Sachs has been appointed to lead the talks.
Analysts say potential buyers could include Thomson Reuters, the Financial Times, Bloomberg and Standard & Poor's. Russell Indexes and MSCI Inc have also been cited as potential candidates. All of those companies declined to comment.
The WSJ said negotiations are still at an early stage and could also result in an arrangement other than a sale, such as a joint venture.
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