Old media assets spark further interest
REUTERS Group, the world's largest publicly traded provider of financial data, says it has received a takeover approach from an unidentified suitor.
The potential deal follows Rupert Murdoch's $6 billion tilt at Dow Jones and Sam Zell's $315 million injection into the Chicago Tribune in the US recently. With keen interest being shown in financial media properties overseas, it will be fascinating to see what the future holds for the Australian Financial Review - Fairfax Media's jewel in the crown.
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