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January 31, 2005
Did Dow Jones bungle the CBS MarketWatch deal?
Posted by Dominic Basulto
Ouch. Christopher Byron is calling Dow Jones & Co. "Dumb Jones & Co." for its bungled $519 million acquisition of CBS MarketWatch. "Just as Time Warner's ill-fated merger with America Online in January of 2000 marked the boom-ending high-water point of the dot.com era," Byron writes, "So too may Dow Jones's takeover of MarketWatch come in time to be remembered as a similar accomplishment."
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