Reuters Celebrates Big Bang With Shopping Spree; Three Deals Figure In Plans For U.S. Equities Data Market


Reuters Holdings PLC has stepped up its assault on the U.S. market for equities quotes with two specialized acquisitions and a takeover bid. Reuters offered $92 million for the portion of Instinet Corp. it doesn't already own, and acquired two privately-held quote software firms, Network Utilities, Inc. of Chicago and, as previously reported, Reveal Software, Inc. of Roslyn Heights, NY (MTR, September 1986).

The $7.25/share bid for Instinet underscores two Reuters strategies -- (1) to leverag

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