> Update: 10:31am: Zucker didn’t cancel his U.K. trip. A trusted insider says he flew to London yesterday for long-planned business reviews…
The New York Times has more on the potential GE-Pearson bid for Dow Jones:
“Pearson took the lead weeks ago;” Jeff Immelt “has taken a serious interest in the possibility;” but the talks “were preliminary and that no real exploration of the financials of such a deal had taken place.”
Also: Jeff Zucker and Mark Hoffman, “who were scheduled to attend a conference in London today, instead stayed behind at least partly because of the talks with Pearson.”
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