DisContent: DJ’s M&A Team in China; HuffPo’s Real Valuation


Some rumor busting and rumor testing:

Dow Jones’ (NYSE: NWS) M&A team was in China last week, our sources says. What were they doing? Some sources say they were looking at ChinaWeb, the parent company of Chinese financial information portal Hexun. DJ was looking at it last year as well, and rumors about a transaction leaked out then but nothing happened….Reuters came in later and bought a stake. Founded in 1996, Hexun is now one of China

Comments are closed.