Reuters Boots Telerate Execs

Vendor Update

NEW YORK-Following the closure of its acquisition of rival Telerate last week, Reutershas embarked upon a cull of the Telerate senior management, confirm officialsand industry sources.

Of Telerate's management team, only president and chief operating officer(COO) Bernie Battista will remain at Reuters. Battista will assume the post ofexecutive vice president (EVP) at Reuters in support of a team focused on integratingthe Reuters and Telerate companies. After the integration team, Battista

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