Friday, September 30, 2011

Dow Jones Industrials, S&P 500 Indices May Combine

McGraw-Hill Cos. is in advanced talks with CME Group Inc. to combine stock-market icons such as the Dow Jones Industrial Average and S&P 500 into a joint venture that would give the firms more sway over investors and exchanges around the world, according to people familiar with the situation and the Wall St Journal.

Talks to form a joint venture between McGraw-Hill's S&P Indices business and CME's Dow Jones Indexes unit began more than a year ago and could still fall apart, these people cautioned. If a deal goes through, the combined indexes business venture would be managed by McGraw-Hill, and the New York company ...

Find out more at http://online.wsj.com/article/SB10001424052970204226204576601321752358708.html

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