Headline FTC Says Reuters' Plan To Buy Teknekron Is Within The Bounds Of Fair Trade Laws
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The Federal Trade Commission has ended its investigation of Reuters' planned purchase of Teknekron Software Systems Inc. for $125.1 million. The commission announced the termination of its inquiry March 1. In line with applicable statutes, the FTC released no further details.
The termination follows a decision by the FTC to extend its investigation of Reuters and Teknekron beyond the time period required by law (TST, Feb. 21). The confidential inquiry led FTC investigators to interview top and
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