Reuters-Telerate Deal Would Put TRS in Limbo
FRONT PAGE: NEWS ANALYSIS
LONDON—Almost a rite of spring, rumors surfaced last week that Reuters plans to purchase Telerate.
The last time the rumor made the rounds was last June (Inside Market Data, June 16, 2003). This time, however, industry sources say that Reuters and One Equity Partners (OEP), which holds the majority stake in Telerate (until recently Moneyline Telerate), have signed letters of intent. A source says that price—thought to be between $120 million and $240 million—is a point of contention. The two are
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