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Developing story: Wow…this one came out of nowhere. A week after MarketWatch CEO Larry Kramer guest blogged on my site, comes the news that the company is soliciting bids expected to be as much as $400 million for the company…the company hired UBS to help in the sale. Final bids could come as early as next week…
Among the potential buyers are Dow Jones (considered to have the strongest bid), CBS itself, NYT Co, Yahoo and Pearson (FT’s owner)…
More to come…
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