(all via IWM): Bunch of rumors making the rounds today:
– Dow Jones: Another week, another rumor about Dow Jones up for sale and interested parties..this time Warren Buffett was mentioned as a potential buyer. (It says the rumor was posted online on an M&A rumors site, but didn’t mention the site’s name. Couldn’t find it myself…any ideas?)
– Bloomberg: This time, Reuters CEO Tom Glocer said that he expected private equity firms to buy rival Bloomberg LP should the company be put up for sale but that a purchase by Thomson Corp could benefit Reuters. Glocer said: “Thomson buying Bloomberg doesn’t bother me particularly. From a market structure, it’s probably good for us, going from 2 1/4 competitors down to two.”
– Spin and Vibe: Music mags Spin and Vibe have been quietly put on the market, says the story, and there’s a $100 million bid.
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