Thursday, June 21, 2007

GE says will not pursue Dow Jones takeover

(Reuters) - GE controls NBC Universal, which operates top U.S. business cable news channel CNBC.




"Following these discussions, GE and Pearson have decided not to pursue this combination," GE said in a statement. "Pearson and NBC Universal continue to discuss cooperative agreements between CNBC and the Financial Times Group."


Read more at Reuters.com Business News

No comments: