Reuters, NY Times Playing Footsie?

News has filtered out from negotiations between the New York Times and Reuters regarding a business news reporting partnership aimed at defeating the Murdochized Wall Street Journal. Per The Times of London (a News. Corp-owned property):

The tie-ups are designed to augment both titles’ business coverage, in an attempt to fend off the competitive threat from The Wall Street Journal, which is due to be acquired by News Corporation, the parent company of The Times, this week.

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