Thursday, August 23, 2007

Murdoch's Dow Jones Deal Makes FT Owner a 'Loser'


Financial Times owner Pearson is being downgraded by Deutsche Bank, saying its business news unit is "the main loser" in recent deals like News Corp.'s planned buyout of Wall Street Journal publisher Dow Jones. If Pearson tries to sell the FT it will be in "a position of weakness."

MarketWatch reported yesterday.