Price Urges Dow Jones To Find Partner Or Sell Dow Jones Markets
VENDOR STRATEGIES
As Dow Jones Markets grapples with reinventing itself, the debate over its corporate future rages on. Michael Price last week urged Dow Jones to either sell the unit or find a partner to help run it. Price says Dow Jones should probably expect about one times revenues for the unit--that's about $879.6 million. Dow Jones paid a total of $1.6 billion to buy Telerate.
Price also says he is optimistic that the new Dow Jones board will take a second look at the subject of the company's plans to turn
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