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Pearson buys piece of MarketWatch.com

Published on .

Bedford, Mass.--DataBroadcasting Corp. has agreed to sell its 34.4% stake in business news service MarketWatch.com to United Kingdom-based Pearson plc for about $26.9 million. DataBroadcasting has been streamlining its operations to better focus on the financial data and analysis that it supplies to institutional and retail investors. CBS also owns a 34.4% stake in MarketWatch.
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