Pearson/Dow Jones: A pink journal

A straight purchase of Dow Jones would be a non-starter for Pearson shareholders. It’s not that the idea of scrunching the British publisher’s Financial Times and Dow’s Wall Street Journal doesn’t have its merits. The trouble is that Pearson has little credibility as the manager of the FT - let alone the Journal as well. The latest report that Pearson boss Marjorie Scardino is looking at competing with Rupert Murdoch’s $5bn offer to buy Dow has a twist. Pearson is said – by no less than WSJ.com...