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NEW YORK (AP) - Pearson PLC, publisher of the Financial Times, is trying to rally partners for a possible bid to rival Rupert Murdoch's $5 billion offer for Wall Street Journal publisher Dow Jones & Co., the Journal reported Friday.
Pearson, based in the United Kingdom, has approached media company Hearst Corp. as well as General Electric Co. about a possible joint offer, the Journal reported, citing unnamed people familiar with the matter.
Spokesmen for Pearson didn't respond to messages for comment. A GE spokesman declined to comment, but GE's chairman and CEO, Jeff Immelt, said recently that GE wasn't interested in Dow Jones. Hearst spokesman Paul Luthringer responded in an e-mailed statement: "We don't respond to speculation on such topics."
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