Reuters Eyes Reveal Software; Deal Would Provide Beachhead On Broker's Desk


Reuters Holdings PLC is negotiating to acquire Reveal Software, Inc. of Roslyn Heights, NY. If completed, the deal would provide Reuters with its first beachhead on the desk of the U.S. retail stockbroker.

Reuters declines comment and Reveal president Mel Berman did not return our calls, but several sources confirm that talks are underway. Unlike the acquisition of Rich, Inc. last year, the Reveal deal would not appreciably affect Reuters's bottom line, but would instead give it software and

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