Michael Price Presses Dow Jones On Telerate: Find A Partner Or Divest It
MARKET DATA AND NEWS
The powerful investor Michael Price, who has accumulated 4.6 per cent of Dow Jones & Co.'s common stock, urged Dow Jones management last week to either find a partner to help run Telerate or sell it.
Pressure from Price, who almost single-handedly forced last year's merger of Chase Manhattan and Chemical Bank, comes on the heels of the company's highly publicized $650 million plan to reinvent Telerate.
In a telephone interview Price said Dow Jones should unload the unit or find a partner
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Waters Wavelength
Waters Wavelength Podcast: Episode 224
Wei-Shen and Tony are trying a different format this year with the podcast, and they start by discussing mental health and ways to help and support coworkers and friends.
Subscribe to Weekly Wrap emails
Most read
- FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
- A Fireside Chat with Marion Leslie (SIX)
- Vendors Continue to Move Products, Services to the Cloud: Some Examples
- Covid Re-Exposed Bond Market’s Liquidity Problems—Is Change Finally Here?
- S&P/IHS Markit: OPIS Faces Spin-Off; Cappitech Beefs Up Regtech Frontline