General Electric will not compete against Rupert Murdoch's News Corp to buy Dow Jones & Co, publishers of the Wall Street Journal. GE had reportedly had exploratory talks with Pearson PLC, publisher of the London Financial Times about making a complicated joint offer to the Bancroft family that would have packaged GE stock and GE-owned business cable channel CNBC into the deal. In the end, they reportedly concluded that no matter how they structured a proposal to the Bancrofts, it was not likely to beat Murdoch's offer of $60 per share. "Rupert, all along, has been the logical and only buyer for these assets, and the Bancrofts at this point would be well advised to entertain the offer,'' Gamco Investors analyst Lawrence J. Haverty Jr. told Bloomberg News. "No one will pay more."
Pharrell Williams teams up with Puff Daddy and The Family on new single 'Finna Get Loose'.
The actor will have his fifth outing as the secret agent in 'Spectre' this November.
The director faced some backlash when Redmayne was announced as playing the transgender pioneer.
Taylor Swift channels her inner safari queen in the new video for her song 'Wildest Dreams'
'Scars' is the latest single from his number one debut album 'Chaos and the Calm'.
Noel Gallagher's High Flying Birds topped UK charts with his second album 'Chasing Yesterday' in February.
Filmmaker Wes Craven has died at the age of 76, his family has announced. With a career spanning over 40 years, Craven was one of the most prolific...