Dow Jones might sell storied stock index
Owned by Rupert Murdoch's News Corp., the process is still preliminary, Wall Street Journal says.
The Wall Street Journal reported Friday that its publisher, Dow Jones & Co., is considering selling its stock market indexing business and has reached out to potential buyers. A sale of the unit would open the door for the new owner to rename the 125-year-old Dow Jones Industrial Average, one of the world's best-known stock-market benchmarks.
The Journal, citing unnamed sources, said the process is still preliminary, and could result in a joint venture or no sale at all.
The Journal, citing unnamed sources, said the process is still preliminary, and could result in a joint venture or no sale at all.
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