WHOSE PRICE IS IT ANYWAY?
There’s one prospect in the financial information business that should have all the players quaking: the possibility of a globecircling tie-up between Reuters and Citicorp.
Consider the facts. Citicorp now owns Los Angeles-based Quotron, the information company dominant in the North American securities market. Reuters, the news and financial information collective headquartered in London, is equally dominant in the European securities market.
But except for a firm presence in the Manhattan foreign exchange market, Reuters is weak in North America in both information gathering and distribution.
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