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Dow Jones Weighs Sale of Stock-Index Operation
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smartrader
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23-Aug-2009 13:36
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BY DENNIS K. BERMAN AND JEFFREY MCCRACKEN Dow Jones & Co. has been sounding out potential buyers for the company's stock-market indexing business, according to people familiar with the matter, in a move that could result in the sale of the storied Dow Jones Industrial Average. The process, which is being conducted by Goldman Sachs Group Inc., could lead to a joint venture or different combination. The discussions are moving in fits and starts and mightn't result in any sale, these people said. |
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