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NEW YORK (AP) - Dow Jones & Co. announced a new organizational structure on Wednesday that will divide the company into three business units, one of which will include the print and online editions of The Wall Street Journal.
It was the first big move by Richard Zannino, the former chief operating officer of Dow Jones who took over as CEO from Peter Kann at the beginning of February. Kann has remained as chairman.
The overhaul will combine the print and Web editions of The Wall Street Journal for the first time in a new consumer publishing unit, which will also include the financial news Web site MarketWatch, Barron's, and SmartMoney magazine, which is a joint venture with Hearst Corp. Another group will focus on business-oriented products such as Dow Jones Newswires.
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