Dow Jones Reverses Market Data Strategy Directors Consider Sale Of Unit

MARKET DATABASE

Dow Jones is having second thoughts about its market data unit, according to published reports. After the firm's board met last week, a company spokesman acknowledged that directors are "no longer ruling out the possibility that it might sell its Dow Jones Markets unit."

This decision comes less than a year after Dow Jones' decision to invest up to $650 million in the market data unit. The money was to be spent rebuilding its infrastructure, upgrading the content in the service and develop ne

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