TITLE

Media Consolidation Making News Again

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
May 2007
SOURCE
Investment Dealers' Digest;5/14/2007, Vol. 73 Issue 19, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the merger and consolidation of media companies around the world in 2007. In the first week of May, News Corp. reported that it had offered $5 billion to purchase Dow Jones & Co. On the other hand, Thomson Corp. is pitching a bid of roughly $18 billion for Reuters Group PLC in Great Britain. James Rutherfurd of Veronis Suhler Stevenson LLC commented that firms are bidding for potential combination while selling other division or part of the company.
ACCESSION #
25128664

 

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