News Corp has unveiled its biggest restructuring of Dow Jones since its $5.6bn takeover of the financial information business in 2007, merging its consumer and enterprise divisions. The reorganisation formalises a process that has accelerated in the past year and will see the departure of Clare Hart, president of the enterprise business. Dow Jones’ enterprise division contributed 60% of group profits shortly before the Bancroft family sold the company to Rupert Murdoch.

This entry was posted by Gwen Robinson on Tuesday, January 5th, 2010 at 4:36 and is featured in The 6am Cut London (5 Jan 2010) . Tagged with dow jones, news corp. Edit this entry.