Thomson to Reverse Reuters into Financial Unit Creating Market Data Giant to Take On Bloomberg
At 01 May 2007 10:54:45 in A-Team Free, A-Team Free Access, Article, Delivery Terms, MDI-Market Data Services, Market Data Insight
It’s the biggest story in the market data business. So why doesn’t it feel like it?
The answer probably lies somewhere in the surprise factor in Thomson Corp.’s £8 billion offer to acquire Reuters, in the ‘reverse’ nature of the proposed deal itself, and in the fact that most people in the industry – though they may not acknowledge it – are held in a kind of awe at the cleverness of the proposed arrangement.
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