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Dow Jones Sees Synergies in Deal to buy Reuters’ Share of Factiva

At 01 Nov 2006 06:35:48 in MDI-Newswire Services, Market Data Insight    Print Article  Email Article   Full content requires subscription 

When Dow Jones and Reuters first got into bed together some years back to launch Factiva, their historical news joint venture, many of us wondered why two long-time enemies had suddenly kissed, made up and more. Now Dow Jones has agreed to buy Reuters’ share of the venture, we’re left with the same feeling. After all, if Reuters has been “the very good partner” Dow Jones said it had in its statement about the transaction, why rock the boat?



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