Dow Jones & Co is increasing its stake in Telerate Inc to 44.8% by paying $133.1m for a large part of Oklahoma Publishing Co’s holding in the company: the move follows the agreement to exchange its 24.8% interest in AP-Dow Jones-Telerate Co for 2.6m Telerate shares; Oklahoma will be left with 9.4% of Telerate.
DOW JONES INCREASING STAKE IN TELERATE TO 44.8%
