Dow Jones buys Betten Financial News
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Mon, 10 Mar 2008 14:49:01 GMT |
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Reuters |
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NEW YORK (Reuters) - Rupert Murdoch's News Corp purchased Betten Financial News BV as part of a global expansion of its Dow Jones Newswires operation.Financial terms of the deal were not disclosed.Betten covers real-time financial and economic news in the Dutch language. The deal will expand Dow Jones's existing Dutch-language news service, the company said on Monday."We are dedicated to increasing our coverage of local markets in local languages, and this acquisition helps us to better serve the needs of our European customers," Clare Hart, president of Dow Jones enterprise media group, said in a statement.Murdoch, whose company purchased Dow Jones for an estimated $5.6 billion late last year, has said he plans an aggressive expansion of Dow Jones, led by its flagship Wall Street Journal newspaper.(Reporting by Kenneth Li; editing by Jeffrey Benkoe)
(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
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