Xinhua Finance Continues Shrinkage with MNI Selloff to Deutsche Boerse
22 Dec 2008
The dismantling of Fredy Bush’s Xinhua Finance empire continues apace with the acquisition of Market News International by Deutsche Boerse’s Market Data & Analytics group. The news comes days after Xinhua’s decision to shut down its Xinhua Finance News operation, which produces the Xinhua Finance Greater China Equities Newswire, and raises questions about the Stone & McCarthy Research Associates unit.
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