News Corp. Looks to Sell Dow Jones Indexes

By Andrew Gauthier 

The New York Times

The News Corporation is in talks to sell its Dow Jones stock market index business, potentially separating the famous Dow Jones industrial average from The Wall Street Journal, the newspaper that has long controlled it, according to people briefed on the matter.

A leading contender to buy the business is MSCI Incorporated, a former Morgan Stanley unit that also builds indexes, one of these people said. It was not clear when a deal would be struck, and the talks may not lead to a transaction.

Dow Jones retained Goldman Sachs to run the sales process, said these people, who were not authorized to speak publicly. Representatives for Dow Jones, Goldman Sachs and MSCI declined to comment. More…