(Bloomberg) -- European stocks gained, paced by media companies including Lagardere SCA and RCS MediaGroup SpA after News Corp. offered to buy Dow Jones & Co. of the U.S.
``There could be a move to consolidate'' in the media sector, said Stephen Pope, head of equities research at Cantor Fitzgerald Europe in London. ``You are going to see some companies will fall by the way and some will be snapped up. I would expect an upward move in the stocks today.''
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