Thursday, June 21, 2007

UPDATE 2-GE, Pearson drop Dow Jones takeover pursuit

(Reuters) - NEW YORK, June 21 - General Electric Co.
and Pearson Plc said on Thursday they will 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. .




GE, the world's second-largest company by market
capitalization, and Pearson, publisher of the Financial Times,
said they had held exploratory talks about combining their
financial news outlets with Dow Jones.


Read more at Reuters.com Bonds News

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