Moneyline Telerate: "We’re Not For Sale"
ORGANIZATION AND STRATEGY
David Walsh, chief executive officer of Moneyline Telerate, has denied reports that the company is searching for a buyer and that it has turned down offers from both Reuters and Thomson Financial, after ABN circulated Moneyline Telerate’s financials. Inside Market Data carried an exclusive report citing informed sources to that effect in its June 16 issue, but last week Walsh spoke out to deny our story.
"We are not going to sell the business," says Walsh. "The company is well capitalized, has
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