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NBC, Microsoft Considered Dow Jones Bid

First Posted: 03/28/08 03:44 AM ET Updated: 05/25/11 01:05 PM ET

New York Times:

General Electric's NBC unit and Microsoft explored making a joint bid for Dow Jones but decided against it a week ago, a person close to NBC and Microsoft said yesterday.

No rival has yet stepped up to compete with Rupert Murdoch's $5 billion bid for Dow Jones, the publisher of The Wall Street Journal.

Microsoft and NBC were partners in forming the MSNBC cable television network.

Read the whole story: New York Times

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Filed by Michelle Kung  | 
 
 



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