The Financial Times Group has taken a stake in MarketWatch.com, the
operator of one of America’s leading financial web sites,
CBS.MarketWatch.com.
The site provides real-time breaking financial news and commentary on
market-moving trends and events, attracting around 4.6 million visitors
per month. The FT Group will merge its asset valuation business, FTAM,
with the Data Broadcasting Corporation, the company which owns 32 per
cent of the site.
