Multex Goes After European Market With Reuters Distribution Pact
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Multex is rolling out a browser-based system for European fund managers that it will distribute through Reuters. To sell the system, the company's sales force is embarking upon a tour of each of the major European market centers, tackling them one at a time, in hopes of reaching 60% or more of the buy-side firms in each city.
The first year of access to the system is free to Reuters 3000 users, but the charge rises to $100 per month in the second year. Some firms will pay less than that based on
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