On The Insider: Britney's Bikini-Clad Top 10
BNET Business Network:
BNET
TechRepublic
ZDNet

By Margaret Kane
Posted on ZDNet News: Nov 4, 2004 6:28:00 PM

Media conglomerate Viacom is considering purchasing the rest of financial news site MarketWatch. According to documents filed with the Securities and Exchange Commission, Viacom "anticipates submitting a proposal to acquire all of (MarketWatch's) common shares," and has done so at the request of MarketWatch.

Viacom, which already owns 22 percent of MarketWatch, didn't say how much it will offer or when it will make its bid. It noted in the filing that "there can be no assurances" that MarketWatch will accept the offer. Other companies that have been mentioned as possible suitors of MarketWatch include Yahoo, Dow Jones and The New York Times Co.

SponsoredWhite Papers, Webcasts, and Downloads

Talkback

Add your opinion
advertisement
Premier Vendor Content Whitepapers, webcasts & resources from our Power Center Sponsors

White Papers, Webcasts, and Downloads

Enterprise Applications

  • Check out some of the easiest and most powerful ways to boost productivity while saving money on your application infrastructure. See ZDNet's comprehensive Enterprise Application resource center, now!
  • New Online Dashboard
  • Read about top issues IT decision-makers face every day, plus get cost effective solutions to real life IT problems. Oracle Topline