Jim Cramer's Stop Trading! Pearson Could Prevail

Cramer says the Dow Jones controlling family doesn't want to deal with Murdoch.

Author:: TheStreet.com Staff
Publish date:: Jun 15, 2007 3:01 PM EDT

A possible

Pearson

(PSO) - Get Report

bid for

Dow Jones

( DJ) looks like a winner, Jim Cramer said Friday on

CNBC's

"Stop Trading!" segment.

The Wall Street Journal

reported Friday afternoon that U.K.-based Pearson -- publisher of the

Financial Times

-- is rounding up partners for a possible bid. Cramer said the move shows that the only possible deal that could derail

News Corp.'s

(NWS) - Get Report

$60-a-share bid is finally taking shape.

Cramer shrugged off worries that a Pearson bid could face antitrust issues, saying the Justice Department "doesn't care." Cramer said Pearson could even underbid Murdoch and still walk away with a deal, because the Bancroft family that controls Dow Jones appears so concerned about the

Journal's

editorial independence.

At the time of publication, Cramer had no position in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click

here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click

here to order his book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.